President Ilham Aliyev signed a decree on 4 July on the allocation of 12 million AZN to the Ministry of Agriculture for the needs of seed crops.
These funds will be used for the construction of specialized enterprises for the production and storage of different varieties of plants, providing them with machinery and equipment.
The decision was made in order to meet the needs of the country for productive seeds of high quality plants, increasing seed production, maintenance, cleaning, packaging, labeling and storage of seeds of plant varieties.
Recall that in March 2015 the State Seed Fund was established under the Ministry of Agriculture. To ensure the activity of the Fund 10 million AZN was allocated from the state budget.
Commenting this decision of the government for Turan, the independent expert Vahid Maharramov said that the only role of the state in ensuring the development of seed growing is to support the scientific work in the field of genetics and selection of high-quality plant varieties that meet the climatic conditions of the country. In Azerbaijan, the government represented by the Ministry of Agriculture is engaged in economic activity actually. The economist believes that financial support is needed to the private sector, which should take over the production and storage of seeds. ------08D
-
- Economics
- 5 July 2016 13:49
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review