Local organizations to necessarily submit quantitative data to MOJ
BAKU/05.12.13/Turan : Public associations and other non-governmental organizations in the new year will be required to provide the Ministry of Justice data on the number of participants.
According to the information portal Femida.az, close to the chairman of the parliamentary committee Ali Huseynli , at the next session of Milli Majlis will discuss the appropriate additions to the Law of the Republic of Azerbaijan "On State Registration and State Register of Legal Entities ."
Article 14 of the Act (information entered in the state register) will be determined by the new members of the accounting community organizations. - 17D-
Economics
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As 2024 comes to a close, Azerbaijan finds itself at a crossroads—holding a prominent position in certain sectors of the global economy but still grappling with issues that hinder broader socioeconomic development. From energy exports to logistics corridors, the country has carved out a niche, yet cracks in its socioeconomic fabric are becoming harder to ignore. Let’s delve into the numbers and listen to expert opinions on Azerbaijan's global standing.
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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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