Azerbaijan adopts new method of house building investment

Azerbaijan adopts new method of house building investment The State Securities Committee of Azerbaijan has approved rules for the issue, circulation and payment of housing certificates, the Committee’s statement published on Thursday says. The rules are already recorded in the state register. The new rules will ensure the creation by means of securities in an effective financing system for the construction sector, as well as lower the risks for buyers and offer protection... Read More

Azerbaijan Economy in 2012; expectations and challenges

Azerbaijan Economy in 2012; expectations and challenges Official forecasts for Azerbaijani economy in 2012 seem quite optimistic. According to Ministry of Economic Development reports although downturn in world economy. The Government of Azerbaijan (GoA) targets 5,7 % GDP Growth in 2012 meanwhile The Central Bank’s monetary policy is announced keeping inflation to single digits. Meanwhile, International Monetary Fund (IMF) projected at 7,1 % Azerbaijan’s economic growth in... Read More