Tomorrow Strawberry Fair to Be Held in Ganja
Friday, August 23 in the city of Ganja in the park Khan Baghi there will be a Strawberry Fair. The products will be represented by about 60 farmers from five districts of the country.
In the organization OXFAM Azerbaijan said Turan, that the fair is held in the framework of SMART - Support for distressed farmers. The aim of the project is to ensure a sustainable chain for the production of strawberries, free access of farmers to the market in the sale and supply of cheaper products. The fair, except for the farmers, will be attended by representatives of five small processing plants.
SMART project is implemented in November 2010 in Barda, Tartar and Agdam districts with financial assistance from humanitarian organizations Oksfam (Britain) and the Swiss Agency for Development and Cooperation. The project has allowed many farmers in these and other areas of the country to improve the standards of living and family incomes, to develop cooperation between farmers, traders of agricultural products, seed suppliers and warehouses. - 08D-
Economics
-
Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
-
According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
-
The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
-
"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
Leave a review