The Minister of Economy Shahin Mustafayev reported in the official parliamentary newspaper Azerbaijan that the country has 42 logistics centers of the scheduled 52 - for harvesting and storage of vegetables, fruits, seeds and other agricultural industry products.
This is the result of the implementation of soft loans allocated by the National Entrepreneurship Support Fund (NESF) - since 2009 for this purpose there has been allocated 161 million AZN. The senior government official said the aggregate capacity of the commissioned premises is 241,000 tons of the planned 330,000 tons.
NESF at the Ministry of Economy and Industry was established in 1992. A total of 59 banks and micro-finance organizations work with it as agents. Last year, 295 million AZN was allocated to entrepreneurs and 248.5 million AZN was mastered. This year it is planned to allocate from 220 million to 250 million AZN. --17D-
Economics
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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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Данная инициатива направлена на цифровизацию процессов управления в сфере безопасности пищевых продуктов в Азербайджане, создание более эффективной и прозрачной системы за счет применения современных технологий.
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Azerbaijan’s President Ilham Aliyev has signed a decree confirming an agreement between the governments of Azerbaijan and Russia aimed at boosting transit cargo shipments along the "North-South" international transport corridor.
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Consumer prices in Azerbaijan saw an overall increase of 2.1% in January 2025 compared to the previous month, according to the State Statistical Committee's latest report. Prices for food products rose by 2.4%, with vegetables and fruits among the most significant contributors, marking a 3.7% and 5.6% increase respectively. Non-food products and services saw a more modest rise of 1.1%, with the transportation sector and housing services experiencing slight hikes.
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