Control of the budget is not satisfactory.
According to the MP Vahid Ahmadov SOFAR next year, presumably is to send 6.9 billion manat in implementation of public investment projects. But so far they have not developed a legislative act on the mechanism of social performance monitoring. Repeated requests to the Ministry of Finance have failed.
The MP is also dissatisfied with the mechanism of mortgage lending. Social projects involve benefits, but banks generally allocate a maximum of 30 thousand mantas, determine a prohibitively high initial fee, and take high interests from the population. In general, the empty apartments are in Baku, but there are no flats for 30 thousand in the capital, according to the deputy. - 17D-
Economics
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
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Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
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In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
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