Amendments to the Law "On the register of real estate" were adopted.
According to the decree of the President, the information system of the state immovable property registry is integrated with analogues of the Central Bank of Azerbaijan, the Financial Market Control House, mortgage funds, banks and other financial organizations.
The deadline for registration of property rights and the provision of extracts from the register is reduced by half - to 10 working days, but on work on inventory and surveying permitted extension for another 5 days (total of two weeks).
There is also a reduction from 5 to 3 working days for consideration of documents for the registration of a mortgage facility, and in the case of suspension of the property rights by the State Register, the period of notice of officials is brought to 7 business days (earlier this was allocated 10 days). --17D-
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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