In January-February Azerbaijan produced materials in the amount of 59.6 million manat (+ 24% by March 1 of last year).
According to the State Statistics Committee, decline was recorded in the production of concrete structures - 2.6 thousand cubic meters (minus 60.6%) and asphalt - 38.1 thousand tons (minus 9.8%).
On other positions there was an increase - produced 375.5 thousand tons of cement (+ 14.9%), 32.8 thousand tons of plaster (+ 10%), 1 thousand 467 thousand tons of processed marble, travertine, alabaster and products thereof (3.1 fold increase). In addition, there was produced 39.2 thousand cubic meters of building bricks - (+ 19.5%) and ready-mixed concrete - 208.7 thousand tons (+ 35.9%). --17D-
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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