The meeting of the Supervisory Board of OJSC Mortgage Fund of Azerbaijan was held.
The meeting approved changes to the budget of the Fund for 2017, as well as a new average market price per 1 sq. m of housing, bought by a mortgage. In this message, the price is not specified.
The Supervisory Board of the Fund includes representatives from the Ministries of Economy, Finance, Labor and social Protection of the Population, the State Agency for Housing Construction under the President of Azerbaijan and the Central Bank (a representative from each of these offices). -71D-
Economics
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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Russia has reduced its greenhouse gas emissions by more than twofold from the 1990 baseline, Russian Prime Minister Mikhail Mishustin announced at the COP29 climate summit.
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Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
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