BAKU/09.01.14/TURAN : The total turnover of transactions on all instruments at Baku Stock Exchange (BSE) in 2013 amounted to 8,475.86 million manat, which is 5.9 % more than in the previous year.
According to BSE , the share of government securities in the previous year was 83.6 % of all transactions. Reducing the volume of exchange sales came at the expense of the government securities market, decreased by 12.4%. Turnover of transactions in the primary market of notes decreased by 2.9 times. The volume of repo operations decreased by 3.6%.
The corporate securities market increased by 52.8 %. Operations on the primary placement of bonds increased 2.5 times and the volume of secondary transactions in bonds - 2.3 times. Primary market share decreased by 13.3% , while the secondary conversely increased by 34.6% . Number of transactions in the primary market decreased from 548 to 349, and in the secondary - increased from 3,413 to 3,505. Overall, the market shares for the year decreased by 11.6% - 15D
Economics
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The weaknesses of strategic planning in the Azerbaijani land transport sector were revealed during a briefing on improving legislation, which was attended by representatives of the Azerbaijan Land Transport Agency (AYNA) and the Ministry of Digital Development and Transport.
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The Cabinet of Ministers of the Republic of Azerbaijan has made changes to the existing provisions regarding the approval of construction documentation and the service fees for construction. The amendments are guided by Article 119 of the Constitution of Azerbaijan and are aimed at simplifying processes related to construction permits and operations.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved a new procedure for the recruitment of medical personnel to medical institutions included in the state healthcare system. The decision, which comes into force on January 1, 2025, aims to enhance the implementation of compulsory health insurance in the country.
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The Organization of Turkic States (OTS) convened a pivotal meeting in Guba, recently named the agricultural capital, to introduce the "OTS Made" brand for agricultural products. Representatives from the Ministries of Agriculture of Azerbaijan, Turkey, Uzbekistan, Kazakhstan, and the Turkish Republic of Northern Cyprus, along with experts from relevant departments, participated in the event.
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