Creation of Agrarian Parks Allocated 48 Million of Concessional Loans
For the creation of six agrarian parks the National Entrepreneurship Support Fund allocated 48 million manat. This was announced at a meeting held in the Shamkir region by the Fund management with businessmen.
In this case, NESF only calls two agrarian parks - Shamkir and Yalama (Khachmaz region). Other agrarian parks are not reported. We only know that the draft of the third agrarian park in the Khizi region was prepared.
Prior to that, the Minister of Economy Shahin Mustafayev reported that it is planned to create 26 agrarian parks in 19 areas (Agjabedi, Beylagan, Imishli, Kurdamir, Salyan, Fuzuli, Saatli, Yevlakh, Agdash and other areas).
On these days Azerisiq announced a tender for the construction of power lines for the creation of agrarian parks in the Hajigabul and Shamakhi regions. The companies that have expressed interest to establish these agrarian complexes are not known to the public. ----08B
Economics
-
Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
-
Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
-
S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
-
In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
Leave a review