The Economic Policy Committee of the Milli Majlis proposed draft amendments to the legislation to simplify the process of real estate registration for the spring session of the Milli Majlis (MM).
They plan to make amendments to the law "On the State Register of Real Estate", "On privatization of housing stock" and the Civil Code of the Azerbaijan Republic. According to the authors, the changes involve the recognition of real estate documents issued since the adoption of the Law "On State Register of Real Estate" in 2004, before its entry into force in July 2006.
In addition, the changes are designed to solve the problems of citizens who were allocated property of public housing in the Soviet era, and who were issued orders without warrants, as well as members of collective dacha farms.
With regard to the Civil Code, they will try to link it to the paragraphs of the Code of Construction and Urban Development on the construction of houses up to 12 meters high. --17D-
Economics
-
Azerbaijan’s State Tax Service is grappling with technical issues on its online portal, e-taxes.gov.az, preventing the submission of mandatory social insurance and health insurance tax declarations. The problem has emerged at a critical time, as the 20-day quarterly period for submitting declarations began on October 1.
-
The INMerge Innovation Summit, organized by PASHA Holding, continued in Baku on Friday. The summit brought together leading industry leaders, startups, and investors in the fields of fintech, e-commerce, artificial intelligence, and digital business.
-
The Cabinet of Ministers of the Republic of Azerbaijan has approved a new regulation titled “Procedure for the Transfer of Regulatory Functions and Duties for Flight Safety Supervision,” aligning with the country’s obligations under international civil aviation agreements.
-
In September 2024, Azerbaijan experienced a noticeable increase in the Consumer Price Index (CPI), reflecting broader economic trends and the impact of various factors on the market. The CPI, a critical indicator of inflation, rose by 3.5% compared to the same month in 2023. This growth was driven by several components, including food and non-food products, as well as paid services provided to the population.
Leave a review