Over 2,500 real estate objects were leased to physical and legal entities for nine months of this year, including 1,880 land plots for privatised enterprises and facilities and 623 non-residential premises, the press service of the State Property Service (SPS) under the Ministry of Economy reports.In the reviewed period, AZN 19.8 million was received from the lease of new as well as previously leased land plots and AZN 4.6 million from non-residential … Over 2,500 real estate objects were leased to physical and legal entities for nine months of this year, including 1,880 land plots for privatised enterprises and facilities and 623 non-residential premises, the press service of the State Property Service (SPS) under the Ministry of Economy reports.In the reviewed period, AZN 19.8 million was received from the lease of new as well as previously leased land plots and AZN 4.6 million from non-residential …
In September, air ticket prices were down on average by 18.1% as compared to the previous month, the State Statistics Committee of Azerbaijan reports.According to the SSC’ calculations, on an annual basis in September, air tickets sold to passengers rose in price by only 2.9%.In general, the rise in air ticket prices is noticeable: for the first nine months of this year, they have risen by an average of 21.1% as compared to the comparable period of …
The Azerbaijani parliament has recently received a draft law titled “On Aviation,” reflecting the nation’s evolving aviation sector and the pressing need for enhanced security and air traffic regulation. However, beneath these technicalities lie long-standing grievances about aviation monopolies and elevated civil aviation transportation costs.During a discussion on pricing at the October 18 meeting of the Milli Majlis Committee on Economic Policy, Industry, and …
The Ministry of Finance of Azerbaijan on its website published forecasts for the development of the country for 2024-27, including scenarios for replenishing the assets of the State Oil Fund (SOFAR as the basis of the country’s strategic foreign exchange reserves) at oil prices $40, $50, $60, $70 and $80 per barrel.At the same time, the Ministry of Finance noted that according to forecasts of international institutions, in 2023 the average oil price will be …