For 4 months in 2016, 64 companies were created with the participation of the Azerbaijani capital in Turkey. They included 24 JSCs.
According to the Association of Chambers and Commodity Exchanges of Turkey, the capital of these companies was invested a total of 8.6 million Turkish liras. Of these, 7.2 million Liras, or about 80%, accounted for Azerbaijani partners.
According to the number of companies created in Turkey this year, Azerbaijan is in the top ten.
Today in Turkey there are about 1,700 companies with Azerbaijani capital. -----08B
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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