In the first half of 2016 investment in housing accounted for 278.6 million AZN (minus 45.8% compared to January-June of last year), the State Statistics Committee said.
Also decreased (minus 11.8%) the total area of property handed over in operation, amounting to 767.7 thousand sq. m, of which more than a third (213.2 thousand sq. m) was in June.
Recall, last year 1 million 927.2 thousand sq. m of housing was put into operation (minus 12.3% compared to 2014). --17D-
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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