![Industrial production fell by 3.3%](https://turan.az/resized/./turan-750-500-resize.webp)
Industrial production fell by 3.3%
The decline in oil production, the primary type of industrial product of the country, also pulls the overall pace of industrial production in the country. During 11 months of this year the volume of industrial production in the country decreased by 3.3%.
The volume of production and services in the industrial sector during this period in 2012 was 31 billion manats. In the non-oil sector of the industry the growth was 7.4%, and the oil sector fell by 5.3%, the State Statistics Committee told Turan.
The mining industry remains a dominant position - 75.7% of industrial output workers produce oil and gas and mining industries. - 08D -
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review