The leader of the March "race" of brokers in the government and corporate securities market (excluding repo operations market) became JSC "Investment company Unicapital", like in February. According to the Baku Stock Exchange (BSE), its services amounted 35 million 58.000 manat. In second place is the CJSC "Investment AzFinance» (18 million 595000.) Then comes «Pasha Capital» LLC (4 million 7000), which is identical to the February position. And the last comes the CJSC "Investment Company Capital Management” with service capacity of 3 million. 861.31 thousand manat. According to the results of t last year unconditional leader was «Pasha Capital». --17D-
Economics
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Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
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As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
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Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
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Azerbaijan's Tariff Council has approved tariffs for connecting construction sites to water supply and wastewater systems for the first time, addressing a previously unregulated sector with inconsistent charges, the council announced on January 2.
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