Customs Receipts Fall to November 2018 Level

In September 2024, Azerbaijan experienced a noticeable increase in the Consumer Price Index (CPI), reflecting broader economic trends and the impact of various factors on the market. The CPI, a critical indicator of inflation, rose by 3.5% compared to the same month in 2023. This growth was driven by several components, including food and non-food products, as well as paid services provided to the population.

The shareholders of JSC "Saba" (Səba) have scheduled an extraordinary general meeting for October 28 at 15:00, where the main agenda item will be the liquidation of the joint-stock company and the formation of a liquidation commission, according to company announcements.

The upcoming 29th Conference of the Parties (COP29) is expected to mark a turning point in the global fight against climate change, as negotiators anticipate a groundbreaking agreement on climate finance and the formation of regulated carbon markets, in line with Article 6 of the Paris Agreement.

During the regular meeting of the Economic Council under the Cabinet of Ministers of Azerbaijan, chaired by Prime Minister Ali Asadov on October 10, discussions centered on the “Rules for Conducting Import-Export Operations in the Republic of Azerbaijan” and the activities of the Closed Joint Stock Company "Southern Gas Corridor."