Ministry of Taxes of Azerbaijan registered in October of this year, one credit union .
According to the Ministry, LLC Credit Union Azad Kapital" with registered capital of 4,000 manat was established in Bilasuvar by Heydar Aliyev Street , 45 . Union leader appointed Parviz Rufullaev .
According to the law , to carry out the above activities the organization will obtain a license from the Central Bank of Azerbaijan (CBA) .
According to recent reports in the country operates 111 credit unions. - 15B -
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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