Population Spent 10 Billion Manats by June
According to the State Statistics Committee, the country's population from January to June spent 9 billion 531.6 million AZN on purchasing consumer goods (+ 9.7% to June 1 last year).
The purchase of food products, according to official data, was spent 4,777,300,000 manats (+ 6.3%), and non-food – 4,754,300,000 manats (+ 14%). Services were spent 2 billion 615.6 million manats (+ 5.4%). It is noteworthy that three quarters (73.8%) of the total volume of services (in value terms - 1 billion 931.4 million AZN) were rendered by legal persons (an increase of 4%). --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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