Despite assurances from the Executive Power of Baku, the organization of the relevant holiday fairs (where the population can buy goods at affordable prices) and the regulations of the Spiritual Administration of Muslims of the Caucasus, food prices increase.
As the head of the Free Consumers Union Eyub Huseynov told Turan, the cost of food will increase by an average of 10%. The reason is that the local economy is controlled by the government, otherwise prices would have soared.
According to independent experts, the economy is controlled not by the government, but by its high-ranking "untouchable" officials, which have a monopoly. According to the laws of Islam, during the days of sacrifice the cost of essential goods should be reduced so that all families had the opportunity to cover the festive table. In Azerbaijan, it is an excuse to raise prices. In 2014, Qurban Bayram is celebrated on October 4-5. Due to the fact that these days are on Saturday and Sunday, the Cabinet of Ministers of the Republic of Azerbaijan declared non-working days 6 and 7 October. --17D-
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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