Macroeconomy
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The challenges faced by Azerbaijan as the host before COP29 show that preparations for this event, especially the organization of logistical issues, the harmonization of the legislative and regulatory framework with international requirements, and especially the application of the easy visa, should be accelerated.
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Third challenge: Adapting the legislative and regulatory framework to COP29 requirements.
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Second challenge: Increase in spending on climate change mitigation.
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On June 7, the international rating agency S&P Global has reaffirmed Azerbaijan's sovereign credit ratings at BB+/B, maintaining a stable outlook.
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