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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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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