In the medium-term challenge facing the government is to create an efficient infrastructure and empowerment of access to financial sources for the needs of the country's economic capital. This was said at a meeting with members of the Association of Banks of Azerbaijan on 2 December by the Chairman of the State Committee for Securities Rufat Aslanli.
He noted that the global problems of the world economy require a review of traditional patterns of economic and social development. According to him, the strategy aimed at long-term development depends on finding the right answers to today's problems. ----08D.
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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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.
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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.
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