In January-July, the citizens of Azerbaijan for commodities spent 10.7 billion manat (+9.2% compared to the same period last year).
According to the State Statistics Committee, the majority of funds (52.1%) occurred on food. Officialdom emphasizes that the proportion of non-food products (47.9%) grew by 4.5% in comparison with the position on 1 August 2012.
In the first half via plastic cards sellers gain by selling 1.3 million manat, which is 1.7 times higher than last year. At the same time 86.1% of the turnover of electronic trading - the share of legal persons, and 92.8% spent on non-food items, suggesting the unpopularity and lack of a mechanism to promote this kind of trade. - 17D-
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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