Life is expensive, and the market basket of each working Azerbaijani as of November 1 is 167.43 manat (AZN 2 more than as of 1 October). For pensioners it costs 150.84 and for children up to 14 years it costs 205.24 manat.
The alternative report of the Center for Economic Research says able-bodied citizens spend on food 103.10 AZN, pensioners - 92.37 AZN, and children - 112.61 manat. Non-food products respectively require 38.85, 35.86 and 73.9 manat. Services cost 25.48 manat, 22.61 manat and 17.73 manat respectively. The calculations were made on the basis of the methodology the Cabinet of Ministers of Azerbaijan on 30 April 2009.
Recall that under the law of Azerbaijan "On the cost of living in the Republic of Azerbaijan in 2012," the average cost of living is defined in AZN 108, including AZN 116 for working-age population, AZN 84 for pensioners and AZN 87 for children. - 17D-
Economics
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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.
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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.
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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.
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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.
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