At today's meeting of the Azerbaijani Parliament MP Vahid Ahmadov expressed dissatisfaction with the ratio of the private financial sector and the government sector to the real economy, especially in agriculture.
According to him, the villagers can not sell fruits and vegetables due to the monopolization of the industry. Numerous groups and by individual commercial banks, rather than allocate preferential loans to rural entrepreneurs, do not improve the financial sphere, and cashing many millions of manat, thus leaving from taxation. Ahmadov said that a number of financial institutions do not have to the country.
In such circumstances, the government must launch a pilot project in one of the areas for the sale of agricultural products. The project should include the entire chain - from the land reclamation to storage and export to the markets of the finished product. In the case of success of the project it should be extended, said the deputy. - 17D -
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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