The State Committee for Property Affairs (SCPA) made checking raids in the villages Ramana and Mashtaga of the Sabunchu district of Baku and revealed attempts of misuse of 25 hectares of land for agricultural purposes.
The raids were organized with the participation of representatives of local executive authorities and municipalities, as well as employees of the department district police, whose duty is to monitor the implementation of the land and building legislation.
According to SCPA, construction of individual housing, etc. was carried out on agricultural lands in Ramana. In the village Mashtaga an attempt of fencing and construction of facilities on the lands rented to citizens for crop production was prevented.
Since 2016 the legislation has been amended to provide stiffer penalties for its violation, up to criminal. However SCPA reports only minor administrative penalties, although in many cases it is a question of hectares of land. -----08D
Economics
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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.
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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