For the first quarter of this year in Azerbaijan's industrial production reached 8,553 million that in comparable prices by 1.8% less than in the same period of 2012.
The share of non-oil sector in the industrial production index with over 1.64 billion manat was 19.2%. In the non-oil industry saw growth of 2.9%, while in the oil sector, on the contrary, the decline at the same level, the State Statistics Committee told Turan.
The share of mining industry accounts for 6.4 bn AZN or 75% of industrial production. Since the beginning production in this area has decreased compared to the first quarter of 2012 by 3.8%.
In the processing industry produced goods worth 1.6 billion manat, which is 10.4% more than in January-March 2012. The production of food products increased by 0.9%, beverages - 17.1%, tobacco products - 11.8%, clothing - 31.1%, leather, leather products and footwear - 79%, paper and cardboard - 5, 2%, oil products - 14%, chemical products - 0.6%, construction materials - 62%, furniture - 3.4 times. - 08D-
Economics
-
The Islamic Development Bank (IsDB) is stepping up its efforts to mobilize Islamic banking resources in the fight against climate change, President of the IDB Muhammad Sulaiman Al Jasser said on Thursday during a roundtable at COP29.
-
Climate change poses a serious risk to global economic and financial stability, said Bo Li, Deputy Managing Director of the International Monetary Fund (IMF), at the event titled "Global Financial System: Scaling Up Climate Action Financing" held as part of COP29.
-
Azerbaijan's banking sector has unveiled a comprehensive set of initiatives aimed at bolstering sustainable development, according to Zakir Nuriyev, President of the Azerbaijan Banks Association (ABA). Nuriyev outlined the plans during the second panel of the "Global Financial System: Expanding Climate Finance" event.
-
Azerbaijan remains steadfast in its commitment to developing a sustainable green economy, according to Taleh Kazimov, Chairman of the Central Bank of Azerbaijan (CBA). Speaking at the COP29 event on Thursday titled “Global Financial System: Scaling Up Finance for Climate Action,” Kazimov emphasized the country's strategic focus on green development as part of its broader socio-economic agenda for 2030.
Leave a review