The State Committee for Property Affairs together with experts from the World Bank has prepared and submitted to the Government of Azerbaijan a specific strategy for managing illegal construction. This was announced at today's event in Baku on the occasion of the five-year period of the project "Registration of real estate."
This draft is a subcomponent on illegal buildings. The press service of the State Committee told Turan that the main objective of the strategy is the protection of the property rights of citizens of Azerbaijan. The strategy has not yet been released to the public.
According to official sources in Azerbaijan, there are over 500 thousand illegal structures, mostly single-family houses. Some of them were built in the protection zone of utilities. - 08D-
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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