At a special account of the body of state registration of rights to real estate in the first nine months of this year there were 1,028,645 manats. It was used in the form of premium and contribution to the State Social Protection Fund of 90 % of these funds .
According to the report of the State Committee on Property , the account balance as of 1st October is 102.8 thousand manats.
In November 2011, the President issued a decree according to which 30 % of the money paid on the submission of documents for the state registration of rights to real estate and other merchandise rights are transferred to a special account Registration Authority ( State of registration of immovable property under SPC). This money is used to strengthen the social protection of workers and improve the material base.
Note that the structure of the Service consists of 20 regional offices , which operate under the self-financing. In July 2009, the Tariff Council approved the fee for the services of the Service . Rates are differential and depend on the size of the apartment , land and other real estate. Getting the documents proving the right to property (including technical documentation) costs at least 90 manats. - 08B-
Economics
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Azerbaijan’s rice imports have surged as domestic production struggles to meet growing demand, underscoring the country’s reliance on foreign suppliers. Despite government initiatives to boost output, local production remains stagnant, with only 10,000 tons expected in the 2024-2025 season, while imports reached 55,961 tons between January and October 2024.
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Azerbaijan and Pakistan have signaled a growing commitment to deepen energy cooperation, with a focus on renewable energy initiatives, as Azerbaijani Energy Minister Parviz Shahbazov hosted a delegation led by Pakistani Federal Minister Abdul Alim Khan in Baku on January 30.
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Oil from Kazakhstan's largest field, Kashagan, has begun flowing into the Baku-Tbilisi-Ceyhan (BTC) pipeline. According to information from SOCAR, the first batch of this oil was received at the Sangachal terminal on January 27 and will be transported via BTC to the port of Ceyhan.
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Azerbaijan is accelerating the implementation of its socio-economic development strategy, focusing on digital transformation and strengthening cybersecurity. The government is allocating resources to human capital development, prioritizing the training of cybersecurity professionals, said Farid Osmanov, Chairman of the Board of the Innovation and Digital Development Agency, on January 30 during the fourth “Graduation Day” of the Azerbaijan Cybersecurity Center (AKM).
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