The gross value of agricultural production in Azerbaijan in 2016 increased by 2.6%, according to the Ministry of Agriculture.
The volume of crop production rose by 2.5% over the year. The crop picked was 3 million 65.1 thousand tons of grain and leguminous plants with an average yield of 30.7 quintals / ha.
Potato production (902.4 thousand tons) increased by 7.5%, tobacco (3,598.2 tons) – by 3.8%, tea leaves – by 1,015 tons (75.4%), sugar beet (321.3 thousand. tons) – by 72.7%. Also picked were 88,596.9 tons of cotton, 2.5 times more than in 2015.
For other types of agricultural products the production declined. During the year, the crop was 1 million 296.3 thousand tons of vegetables (-0.5%), 464.6 thousand tons of melons (-4.1%), 883.7 thousand tons of fruits and berries (-0.5%), 134.5 thousand tons of grapes (-14.4%), and 17.1 thousand tons of sunflower (-9.3%). --08D--
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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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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