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Latest news and interesting information about fund.
EU allocates €3.8B defense aid to Ukraine
The EU allocates €3.8 billion in defense aid to Ukraine for drones, military-industrial complex, and frontline supplies.
VAT Deposit to SSIF Transfer Now Possible
Azerbaijan allows transferring funds from VAT deposit accounts to the State Social Protection Fund. Details on the new bill.
Dollar's role in global reserves declines
Global central banks plan to reduce dollar's share in reserves due to political risks and shift to multipolar financial system.
Cotari Church: symbol of tolerance
The Cotari Albanian-Udi Church in Gabala as a symbol of multiculturalism and tolerance - photoreport on history, architecture and restoration.
Netflix $11M Fraud: Hollywood Director Carl Rinsch Sentenced
Hollywood director Carl Rinsch sentenced to 2.5 years for defrauding Netflix of $11 million.
Investment Expenditures Underperformed?
Finance Minister Sahil Babayev commented on the underperformance of investment expenditures last year.
Parliament adopts budget execution law
Parliament adopted the law on the execution of the 2025 state budget. Budget revenues exceeded 39 billion manats.
Supreme Court upholds Trump verdict
The US Supreme Court has rejected Donald Trump's appeal in the E. Jean Carroll sexual assault case, upholding the lower court's verdict.
Real Madrid to donate 2 million euros to Venezuela earthquake victims
Real Madrid and Florentino Pérez donate 2 million euros to Venezuela earthquake victims. The Real Foundation partners with Red Cross for fundraising.
Neymar and Messi donate millions to Venezuela earthquake relief
Neymar and Messi raise $5.4 million for Venezuela earthquake victims. Neymar donates $250k, Messi's family joins campaign.
Burkina Faso Gives France 7 Days to Close Embassy
Burkina Faso gives France 7 days to close its embassy. The decision follows a European Parliament resolution.
Venezuela earthquake leaves 1.8M in need of aid
Venezuela earthquakes of 7.2 and 7.5 magnitude leave 1.8 million in need of aid. 680,000 children affected. Death toll 1,450, injured 3,200+.
Tehran and Doha Agree on $6 Billion Iran Assets
Tehran and Doha agree to unblock $6 billion of Iran's assets in Qatar.
Abbasov: Safe Return of Western Azerbaijanis Must Be Ensured
Baku Initiative Group Executive Director Abbas Abbasov emphasizes the safe return of Western Azerbaijanis at a conference in the US Congress.
New credit rules: remote registration and waiting period
The Central Bank has amended credit rules: restrictions on remote loan registration and a waiting period are introduced.
50-55 thousand apartments can be documented immediately
Undocumented houses problem: 50-55 thousand apartments can be documented immediately. MP proposes amnesty, experts explain solutions.
Landslide in Shamakhi makes roads unusable
Landslide in Shamakhi renders road unusable, drivers in distress. Restoration works pending.
Argentina to launch 'golden passport' program
Argentina launches golden passport program for foreign investors. Citizenship for $500,000 investment.
Ukraine seizes $8.3M USDT from hackers
Ukraine seizes 8.3 million USDT in cryptocurrency assets from an international hacker group.
1,000 rescuers from 16 countries arrive in Venezuela
1,000 rescuers from 16 countries arrive in Venezuela after earthquakes. At least 589 dead, 2,980 injured. UN allocates $15 million aid.
EU accession rules change: gradual integration coming
The European Commission proposes gradual economic integration for EU candidate countries, changing accession rules to incentivize reforms.
Iran rejects US claims on frozen assets
Iran rejects US claims regarding frozen assets, stating it will not spend the funds on American products. Parliament speaker calls US allegations false.
Stole money from disabled aunt at grandmother's home
A man in Baku stole 8,000 manats from his disabled aunt at his grandmother's house. He was sentenced to restriction of liberty and must compensate the victim.
State-funded students count revealed
Azerbaijan: number of state-funded students - 28,421 in bachelor's and 6,674 in master's programs. Official data for the 2025/2026 academic year.
White House Asks Congress for $87.6B Including Iran War Costs
White House requests $87.6B from Congress, including funds for potential Iran war, Pentagon, Ebola, and farmers. Details here.
NATO bank proposal: Canada and Luxembourg step forward
Canada and Luxembourg propose creating a NATO bank to strengthen defense financing. The plan will be discussed at the July NATO summit.
Mortgage loans reach 200M manat in 5 months
Azerbaijan's mortgage loans hit 200M manat in 5 months, down 2.2% year-on-year.
Support for Girls' Education Project 2nd Graduation Day
The 2nd Graduation Day of the Support for Girls' Education project was held. 66 girls graduated, with Leyla Aliyeva attending.
Musk: US Played Central Role in Creating COVID-19
Elon Musk claims the US played a central role in creating COVID-19, citing USAID funding for the Wuhan Institute of Virology.
US seeks $672 million for Iran nuclear materials
The Trump administration seeks $672 million to neutralize Iran's nuclear materials and prevent nuclear proliferation. Funds would support inspections and verification.
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