The economic development of the country over the past 16 years, the reason for the high cost of seasonal fruits, discussions about SOCAR's investments in Russia and other topics are the focus of today's media.
The newspaper "Azerbaijan" in the article "260 billion of investments, 46.7 billion of foreign exchange reserves" tells about the economic development of the country over the past 16 years. Over the past period, all tasks have been completed, the author claims.
GDP increased by 3.2 times, budget revenues - 13.5 times, strategic foreign exchange reserves - 27 times, foreign trade turnover - 4.6 times, export volume - 6 times.
In 2003, the strategic currency reserves of Azerbaijan amounted to 1.8 billion dollars, now it is 46.7 billion dollars. Pensions and salaries increased by 10 times. 260 billion dollars were invested in the economy.
The site "Yeni Sabah.az" in the article "Why are fruits and vegetables in the country so expensive?" Trying to understand the reasons for the high cost of living. Expert Vahid Maharramov believes that the high cost of fruit is because economic growth is not adequate to the increase in population. In the market, demand exceeds supply. Bad weather also had a negative impact on the harvest. Due to high prices, the poor have not even tasted the fruits of the new season. Compared with last year, prices are high for potatoes and tomatoes.
Maharramov believes that the attention paid by the state to cotton growing, sericulture, tobacco growing and other spheres should also be paid to vegetable growing and gardening in order to expand the range of production and export of products.
The site "Moderator.az" in the article "How justified is it to invest billions of dollars in a bankrupt enterprise" calls into question the acquisition of the Antipinsk Oil Refinery of Russia by the state oil company SOCAR. Former Finance Minister Fikret Yusifov considers SOCAR's foreign investment strategy erroneous. He believes that Azerbaijan itself needs to be updated and increased refining capacity. Yusifov noted that the carbamide plant, recently built in Sumgayit, provided 10% of the non-oil sector suggests creating such enterprises within the country rather than investing abroad. Yusifov also points out that SOCAR"s external debt amounts to $ 16 billion, which is 2 times more than the country's external debt. In such a situation, is it justified to invest billions of dollars in a bankrupt enterprise? -0-
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An online meeting of civil society activists focused on the human rights situation in Azerbaijan, convened on the initiative of the Justice Solidarity Committee, highlighted significant concerns over the detention of journalists, political activists, and opponents of the war. The gathering, held on August 30, coincided with the International Day of Remembrance of the Missing and underscored the ongoing challenges facing both Azerbaijani and Armenian societies in the wake of the Karabakh conflicts.
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No precipitation is expected in Baku and on the Absheron Peninsula; the northwestern wind will change to a southeastern wind during the day. Air temperatures will range from 21-26°C at night and 33-38°C during the day, according to the National Hydrometeorology Service of the Ministry of Ecology.
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A fire has erupted at the Experimental and Testing Production of the Scientific Research Institute of SOCAR (the state oil company) in the Surakhani district of Baku, the Ministry of Emergency Situations reported. "Thanks to the urgent and necessary measures taken by the Ministry of Emergency Situations, the spread of the fire to neighboring areas, including nearby residential buildings, has been prevented," the statement reads. Efforts to extinguish the fire are still ongoing.
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In September, the average monthly air temperature in Azerbaijan is expected to be close to the climatic norm. Precipitation levels will also be near the norm, but in some areas, they will exceed it, according to the September forecast from the National Hydrometeorological Service.
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