Today, Chairman of the Cabinet of Ministers Artur Rasizade speaks to deputies of Milli Majlis of the government's report on last year's activities.
According to him, during the reporting period, Azerbaijan had trade relations with 165 countries of the world, with 47% of turnover to 60% of exports - the specific weight of the European Union (EU).
The national economy was invested the equivalent of about 16 billion manats, including 7.1 billion AZN in oil and 8.38 billion manats in the non-oil industry.
The Premier stressed defense spending at 3.3 billion manats, because "in the current environment it is a priority for the Government." According to him, the country's defense industry produces more than 1 thousand items of specialized products. --17D-
Economics
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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Russia has reduced its greenhouse gas emissions by more than twofold from the 1990 baseline, Russian Prime Minister Mikhail Mishustin announced at the COP29 climate summit.
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Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
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