The largest supermarkets of the country are unable to contain the former staff after the two-time devaluation of the manat. They appealed to the leadership of the Ministry of Economy with a request to grant tax incentives for the conservation of profitability while maintaining the price of the "social" product range.
As Turan was told by the head of the department of public relations of the Ministry Abbas Aliyev, a few days ago the owners of the chain stores Araz, Neptun, Bolmart, Bizim Market, Fresco, Sebet, and Macromart appealed to the head of the Ministry of Economy Shahin Mustafayev with the aim to apply the zero VAT rate on local socially important foods, including milk, flour, eggs, rice, meat, fish, oil, fruit, vegetables and baby nutrition.
On the morning of April 19 the Minister received a delegation of these supermarkets, promising to consider and positively solve the issue of reducing the tax burden or using tax incentives. The issue of tax holidays was not considered. --17D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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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.
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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.
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