In the securities market in Azerbaijan serious events coming
By the end of this year, the State Securities Committee will complete the process of creating a training center on the securities.
Establishment of a training center for Securities SSC Program provides capital markets modernization.
SSC announced on the eve of the possible establishment in 2014, the country's first private equity fund. Complaints received by the SSC for a license for an investment fund are currently under consideration. About planning to establish an investment fund it is not reported. However, earlier Turan reported that plans to create an investment fund were prepared by a new securities market participant Ltd. Invest-AZ.
The law On Investment Funds has been valid since December 2010. -08D-
Economics
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President Ilham Aliyev signed a decree on 27 Desember to implement the law on the 2025 State Social Protection Fund budget, setting forth measures to ensure the effective execution of the fund’s financial framework.
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Azerbaijani President Ilham Aliyev has issued a decree to implement amendments to the country’s Tax Code, approved by Parliament on December 16, 2024, under law number 98-VIIQD. The decree, published on Friday, is aimed at optimizing tax administration and strengthening the legal framework outlined in the revised legislation.
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Azerbaijan’s parliament has approved a law establishing minimum living standards for 2025, with specific allocations for various demographic groups. The legislation, signed by President Ilham Aliyev on December 16, will come into force on January 1, 2025. The presidential decree was published on December 27.
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The President of Azerbaijan issued a decree on December 27, 2024, to implement the "2025 State Budget Law" aimed at streamlining the allocation and execution of government expenditures. The legislation, codified under law number 93-VIIQ, outlines detailed budget appropriations across various sectors, reflecting strategic priorities in defense, education, healthcare, and infrastructure.
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