Financial backing from the state further reinforces the Fund’s credit profile. MCGF receives annual capital injections, totaling 172.7 million manats for 2024–2025, used primarily to finance social mortgages. Additionally, the central bank provides a buyback guarantee for the Fund’s bonds, currently holding about 80% of its outstanding debt. The Fund benefits from exemptions from income tax and enhanced market attractiveness due to preferential bond classifications. Fitch expects such regulatory and political support to remain robust at least through the medium term, with an additional 100 million manats earmarked for social mortgage and SME financing in 2026.
Day: November 13, 2025
#SouthCaucasus
Turkish plane crash of 11.11.25 (note the 11 – 11): the #RussianJob, the #IsraeliJob, or both?
I think, BOTH: Russian and Israeli #IntelServices cooperate with each other when they want to.Turkish Air Force C-130 military cargo plane crashed in Georgia on… pic.twitter.com/6BVWoYze7P
— Michael Novakhov (@mikenov) November 13, 2025
According to Russia’s TASS news agency, the Second International Conference “Science for Public Administration in Russia” was held on November 6 at the Russian Presidential Academy of National Economy and Public Administration (RANEPA) in Moscow. Azernews reports that the event featured presentations on the role of intellectual property (IP) in public administration across the Eurasian region, with Azerbaijan’s state policy in the field of intellectual property highlighted as a model example.