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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The International Coalition for Democratic Renewal (ICDR) and Forum 2000 Foundation expressed grave concerns over the escalating repression of civil society in Azerbaijan, issuing a joint statement. The groups highlighted the government's intensified crackdown on lawyers, journalists, activists, and human rights defenders, painting a stark picture of a country where dissenting voices are systematically silenced.
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The Times Higher Education (THE), a leading international organization with an audience of 60 million and ranked among the world's top 100 networks in the field of education and skills assessment, has published a comprehensive article titled “Calls for the Release of Azerbaijani Scholar as Climate Summit Begins.” THE, known for its annual ranking of world universities, notes that while a major fossil fuel producer hosts a gathering of global leaders, it is cracking down on dissenters. Human rights groups are urging the Azerbaijani government, which is hosting the COP29 climate conference, to release a scholar detained after criticizing fossil fuel policies.
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On Thursday, overcast weather is expected in the capital will be overcast, with light rain possible in the morning. There will be a moderate southeast wind. The temperature at night will be between +8 and +10°C, and during the day, it will range from +12 to +15°C. Humidity will be 65-75% both at night and during the day. Precipitation will occur in the eastern part of the country. There may be fog in some areas, with a moderate east wind.
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On November 12, the summit of world leaders commenced at the 29th session of the Conference of the Parties (COP29) of the United Nations Framework Convention on Climate Change (UNFCCC) in Baku. According to "Euronews," citing sources from the UN, the event is attended by around 100 heads of state.
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