In December, the Azerbaijan Mortgage Fund (AMF) granted 157 loans worth 7,088,150 manat.
Judging by the structure the fourth quarter was not the worst in the past year - from October to January borrowers received 468 loans totaling 21,480,000 manat. The worst situation was in Q3 (341 loans for 15,575,640 AZN) and Q1 (433 loans for 19,043,130 manat). From April to July, there was a relative boom - 904 loans for 56,875,030 manat.
In total, over ten years AMF agent banks issued 17,925 mortgage loans worth 729,737,519 manat. --17D-
Economics
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Representatives of Azerbaijan's Land Transport Agency (AYNA) and the State Customs Committee visited the Julfa and Poldasht border checkpoints to address challenges in cargo transport and enhance border efficiency with Iran.
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The Azerbaijani government has adopted new guidelines to facilitate employment for individuals with special social protection needs and those facing difficulties in securing jobs. The resolution, approved on December 29 by the Cabinet of Ministers, outlines targeted programs aimed at job creation through public-private collaboration.
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The Cabinet of Ministers of Azerbaijan has approved new regulations to facilitate targeted employment programs aimed at supporting individuals with special social protection needs and those facing employment challenges. The measures, under the State Employment Agency, seek to enhance job creation in priority economic sectors.
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The Cabinet of Ministers of Azerbaijan has announced key amendments to various regulatory acts to ensure compliance with the law adopted on May 24, 2024, aimed at updating the Tax Code, the Customs Code, and laws on state duties and licensing.
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