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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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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At the COP29 event titled "Climate Finance Landscape in the South Caucasus and Central Asia" held on November 14, Roland Price, Regional Director of the World Bank for the South Caucasus, highlighted the substantial economic and environmental damage faced by the countries of the South Caucasus, which she estimated at around $100 million annually.
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SOCAR Green, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), has signed a series of agreements at the COP29 summit aimed at bolstering the development of renewable energy sources, enhancing energy efficiency, and promoting sustainable growth in Azerbaijan.
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The Islamic Development Bank (IsDB) is stepping up its efforts to mobilize Islamic banking resources in the fight against climate change, President of the IDB Muhammad Sulaiman Al Jasser said on Thursday during a roundtable at COP29.
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