Cabinet of Ministers receives $1bn to curb COVID-19 consequences

President Ilham Aliyev signed a decree regarding measures to reduce the
consequences of the coronavirus pandemic and the impact of the virus-caused volatility
in the global energy and stock markets on economy, macroeconomic stability,
employment and business entities in Azerbaijan.

Under the Presidential Decree, the Cabinet of Ministers receives a $1 billion allocation
from the state budget to finance the measures to curb the spread of COVID-19 and
reduce its consequences.