53rd ICARDA Board of Trustees meeting opens in Baku
Board of Trustees of ICARDA (International Center for Agricultural Research in Dry Areas) will meet tomorrow in Baku on 53 regular meeting to discuss urgent problems of agricultural production.
The press service of the Ministry of Agriculture told Turan, that the meeting, which will end on December 4th, will discuss the results given in different parts of the world of research programs , the effects of climate change on agriculture and food security. One of the themes of discussion will be the preservation of biodiversity and integrated gene. Powered ICARDA implemented projects livestock, fisheries and the protection of ecosystems, the results of which will be given information.
The ICARDA Board of Trustees is to approve research and investment plans for the coming years. The meeting will be attended by managers of programs and national agricultural research systems of about 30 countries. - 08D
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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