The Azerbaijani company SINAM, which specializes in information technology, made Registration of Real Estate Rights of State Registration Service of the Government of Kyrgyzstan possible.
As reported by the company, the project is part of an annual initiative "Creation of an electronic document archive department of cadastre and registration" because of winning the tender of the World Bank (WB).
This is until the last stage in the creation of an automated registration system for the Department of Cadastre registration of Kyrgyz property. In the project, Azerbaijani specialists processed more than 420 thousand registration files, digitized more than 3.3 million pages of documents (regulations, contracts of sale, donation, etc.) and the cadastral registration files Archives inventory. The project each digitized document was assigned an identification code of the property. - 17D-
Economics
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As 2024 comes to a close, Azerbaijan finds itself at a crossroads—holding a prominent position in certain sectors of the global economy but still grappling with issues that hinder broader socioeconomic development. From energy exports to logistics corridors, the country has carved out a niche, yet cracks in its socioeconomic fabric are becoming harder to ignore. Let’s delve into the numbers and listen to expert opinions on Azerbaijan's global standing.
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Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
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As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
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Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
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