The development of the private sector, the reasons for the price increase on New Year's Eve, the new tax system in the construction sector are the topics of today's media.
The newspaper Azerbaijan writes about the development of the private sector, which is facilitated by the ongoing reforms in the country, as well as investments in the non-oil sector. It is the result of the creation of 9 industrial parks and quarters in the country that products worth 1.5 billion manats were produced.
Out of 51 agricultural parks, 22 actually operate in the country, by the end of the year another 11 agricultural parks will come into effect. In January-October this year, 11 billion 407.4 million manats were invested in the development of the economic and social spheres. Of the total investment, 48.9% belong to the state, and 51.1% to the non-state sector.
The website Modern.az writes about the increase in prices on New Year's Eve for food - by 1.5-3%. Often supermarkets under the guise of discounts sell expired goods.
Some economists associate the rise in price with supply and demand, but this is not entirely true.
If inflation is 10%, then only 2-2.7% are associated with problems in the country's economy. The remaining 6-7% is the result of artificial price increases. Today, the average budget for holiday purchases of a family of 4 is 150-200 manat.
The website Sfera.az writes about the rise in price of housing, which is associated with the new tax system in the construction sector. Thus, a simplified tax will be eliminated from January 1, 2020, but VAT and income tax will be paid. This will affect the cost and companies raise prices.
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"Next year, Azerbaijan will host another major sporting event—the CIS Games. The third CIS Games will take place in Azerbaijan," President Ilham Aliyev announced on December 24 during a ceremony dedicated to summarizing the sports achievements of 2024.
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On December 28, rain is expected in Baku and the Absheron Peninsula. The northeast windwill change to the northwest. The air temperature will be +5+8°C at night and +8+10°C during the day. Humidity will be 80-90%. In other parts of the country, precipitation is expected in some areas, with snow in the mountains. A moderate westerly wind will blow.
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On December 25, an Embraer 190 passenger plane operated by Azerbaijan Airlines CJSC (AZAL), on a Baku–Grozny flight, crashed near the city of Aktau in Kazakhstan. Azerbaijan’s Consul General in Aktau, Ayxan Suleymanlı, stated that the plane had 67 people onboard, including crew members, 38 of whom died. According to him, 26 of the deceased were Azerbaijani citizens.
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On December 27th, rain is expected in Baku and the Absheron Peninsula, and heavy rainfall in some areas. The wind will be southeast. The air temperature at night will be +7 to +9°C, and during the day, it will be +9 to +11°C. Humidity will be 70-80%. Precipitation is expected across the country in the evening, particularly in the eastern regions. Snow is expected in the mountains.
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