The Ministry of Agriculture reported on the revealed theft of money due to the farmers of the Zardab region. The fact was revealed due to the complaint by the farmer Shahla Ismayilova, whom the Zardab branch of OJSC Capital Bank paid AZN 5,000 instead of the due 9,900 manat.
The Ministry noted that during the proceedings they revealed the theft of subsidies owed to 238 farmers in the amount of AZN 37,185.50. The understated funds were registered in the name of others.
Materials of the investigation were sent to the Prosecutor General's office for investigation.
In 2017, the government will allocate subsidies to the agricultural sector in the amount of 190,200,000 manat. --08D
Economics
-
S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
-
In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
-
A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
-
Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
Leave a review