About 1,000 Contracts for Lease of Land Canceled
On the initiative of the State Committee for Property Affairs (SCPA) 935 contracts for the lease of land in 46 districts of the country have been canceled. It is about 200 thousand hectares of land that is not used for its intended purpose, the ministry said.
As a result of monitoring in Baku and regions of the country in 2016 and since the beginning of this year about 4,900 violations of land legislation have been found. In 1,100 cases administrative reports were drawn up and penalties totaling 580 thousand mantas were applied.
The SCPA developed a unified electronic database on the lease of state and municipal lands.
Recall that President Ilham Aliyev asked the government to take serious action against the misuse of public lands and the termination of contracts on the identified violations of land legislation. -----08D
Economics
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
-
Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
-
Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
Leave a review