In the first eight months of this year, agricultural production in Azerbaijan decreased by 3.7%. This is a consequence not only of natural causes (low yields due to drought and adverse weather conditions in the spring, reducing the acreage), as well as tighter control over subsidies that revealed corruption in the process.
The committee said that this year produced 2,238,300 tons of grain (with the corn), which is 20.3% less than in January-August 2013. According to updated information, this year the area under cereals amounted to 967,200 hectares, 7.5% less than last year. This year, the grain yield was 22.8 quintals per 1 ha, which is 4 hundredweight less than in 2013.
Decreased the production of potatoes (-11.5%) and vegetables (-0.8%).
In January-August, the share of crop production in the structure of agricultural production was 51%, which is 4.7% less than in the same period of 2013.
From the beginning, the livestock product grew by 2.8%. --08D--
Economics
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
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Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
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In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
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