Priorities of the agro business in the Ismayilli region have been defined.
According to the report of the National Fund for Entrepreneurship Support (NFES), the appropriate crediting will be provided to projects in animal husbandry and dairy, farms of intensive horticulture and beekeeping, enterprises for the production of cheese, fruit, as well as windows and doors.
Business people who have submitted projects in these areas to the authorized credit organizations can count on expert advice, as well as a loan of up to 100% of the project cost.
NFES was established in 1992. Its agents to extend credits are more than 50 banks and micro-finance organization. Last year, the Fund reported on the financing of local businesses in the amount of 295 million manat. --17D-
Economics
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A high-level event titled “Trio of COP Presidencies Dialogue: Roadmap for Mission 1.5 towards a Future of Shared Prosperity” was held within the framework of the 29th session of the United Nations Climate Change Conference (COP29).
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The State Oil Company of the Azerbaijan Republic (SOCAR) and Slovakia's largest gas operator, Slovenský Plynárenský Priemysel (SPP), have signed a short-term pilot contract for the supply of natural gas, according to sources in Slovakia.
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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