14:33 - 27.07.2023

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July 27, Fineko/abc.az. Work is underway on the preparation of regulatory documents for the creation of a private pension fund.

ABC.AZ informs that State Social Protection Fund’s chairman Himalay Mamishov said about this during a press conference on the report for the 1st half of 2023.

"Investments in a private pension fund are considered long-term. We are carrying out the process of improving the legislative acts being prepared for the creation of the fund and coordinating them with the relevant authorities. As a result of this process, the relevant projects will be submitted to Milli Majlis," he said.