Baku/17.10.13/Turan : In the first nine months of this year, industrial production in Azerbaijan amounted to 25.3 billion manat. The increase in production is fixed , as in the oil ( 0.4 % ) and non-oil (2.9%) sectors of the industry.
According to the committee , 75 % of industrial output produced in the mining industry. It was produced 32.5 million tonnes of crude oil and 13.1 billion cubic meters of natural gas.
The share of processing industry accounts for 20 % of industrial output since the beginning of the year. Increased production food processing , leather , chemical, construction industry, etc. The share of production and distribution of electricity, gas and steam in the commercial product was 5.1 %. Negligible share of the water supply and waste disposal - 0.6 %. - 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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