The auctions held from September 14 have sold 111 state-owned property items, as well as the shares of the state in joint stock companies. This was announced at the October 18 meeting of the State Property Committee.
According to the press service of the Committee, from the beginning of the year about 230 small enterprises and facilities, non-residential premises and unfinished objects, and more than 140 land areas under privatized entities have been privatized.
Since July this year, privatization has been conducted based on international experience, with consultants and independent appraisers. ----08D
Economics
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The volume of cargo transported along the Trans-Caspian International Transport Route (TITR) surged by 62% in 2024, reaching 4.5 million tonnes, Kazakhstan’s Prime Minister Olzhas Bektenov said during talks with his Georgian counterpart Irakli Kobakhidze on Wednesday, according to the Kazakh government’s press service.
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Azerbaijan’s Small and Medium Business Development Agency (KOBİA) held a Supervisory Board meeting on Monday, chaired by Economy Minister Mikayil Jabbarov, to review the agency’s 2024 performance and set priorities for 2025.
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In January 2025, the average price of the consumer basket (CB) compiled by the Turan agency in Baku, which includes 30 types of essential domestically produced food products, increased by 0.3%.
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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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