Azerbaijan’s Fruit and Vegetable Export Performance Shows Mixed Trends in 2024

On Thursday, President Ilham Aliyev spoke at a high-level meeting dedicated to Azerbaijan's economic indicators and future strategies, emphasizing significant growth in the non-oil sector and outlining plans to maintain economic stability by the end of the year.

As part of efforts towards decarbonization, Samira Musayeva, Deputy Head of the State Tax Service at Azerbaijan's Ministry of Economy, met with a delegation from the World Bank during the International Carbon Pricing Forum in Baku. According to the State Tax Service, the meeting focused on exploring various approaches to carbon pricing and promoting sustainable economic development.

Baku, September 26, 2024 — On September 26, the 2nd Economic Forum of the member countries of the Azerbaijan-Gulf Cooperation Council (AGCC) officially opened in Baku. The event was organized with the support of the Ministry of Economy and the Agency for Export and Investment Promotion of the Republic of Azerbaijan (Azpromo).

In his recent speech at the opening session of the National Assembly, Azerbaijan’s President Ilham Aliyev emphasized the importance of strengthening the country’s military potential and restoring the regions of Karabakh and Eastern Zangezur. This marks a notable focus in the state’s 2025 budget, which reflects a delicate balance between defense investments, social spending, and managing the declining revenues from the oil and gas sector, notes Dr. Gubad Ibadoghlu, an economist.