Azerbaijani President Ilham Aliyev stated that the country must be "ten times stronger" than Armenia "every day," explaining this by the need to maintain military superiority even after the initialing of a peace agreement between the two countries. He outlined his position on October 2 at the 8th Congress of the ruling New Azerbaijan Party in Baku.
Chechnya and HRC have the highest mortgage interest
The average mortgage rate in Chechnya is 11.1%, in Karachay-Cherkessia - 9.6%. This is the highest rate in the country according to the Central Bank. The rate is also high in Ingushetia - 9.6%. The indicators are above the average - in North Ossetia and Kabardino-Balkaria (8.8%), Dagestan (8.7%). The lowest average mortgage interest in southern Russia is in Krasnodar Krai (6.4%) and Adygea (6.5%).
Since July 1, 2024, the program of preferential mortgage for new buildings is canceled. The Central Bank and the Finance Ministry are seeking to curb and eliminate it as soon as possible, believing that it is overcharging housing prices and budget expenditures.
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