The launch of a new phase of innovative reforms, the impact of oil prices on the economy of the country, and the ways to protect farms from risk are the leading topics of today's press.
The newspaper Azerbaijan writes that President Ilham Aliyev has embarked on a new stage of innovative reforms. It also reports on the contribution of the President"s development concept to the economic growth.
The creation of a mechanism for joint control over imports and exports under the Ministry of Taxes with the participation of the State Customs, the Ministry of Finance, the Ministry of Taxes and the Ministry of Economy is among the innovative reforms. The purpose of creating this department is to ensure transparency of accounting and to promote fiscal policy of the state.
The newspaper Echo leads an interview with the MP Rufat Guliyev on the value of the manat and the price of oil, which can distract from the development of the non-oil sector. The current increase in prices for hydrocarbons is associated with both economic and international political factors, including events in Syria, Iran, and the United States.
As for the development of the non-oil sector, no case has ever been recorded in the world energy history that a country whose economy has for many years been kept by hydrocarbon exports has been able to move away from the dependence on raw materials and to completely switch to the development of other industries just in one or two years. This has never happened and this is impossible. Here there are regularities. Azerbaijan will not be able to fully reduce its dependence on oil in the next five years, maybe even 10 years.
The newspaper Yeni Musavat discusses how to protect farms from risks, since this issue is becoming more urgent. Among the risk factors are weather conditions, which over the past few days have dealt a serious blow to agriculture. Nevertheless, the farmers did not receive any aid and the matter was not even investigated or made public. In general, the issue of the agrarian sector insurance is not discussed in the country, and insurance companies do not show interest in this sphere.
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On Tuesday, rainy weather with thunderstorms and moderate northwest wind is expected in the Baku, according to meteorologists. The rainy weather will continue untill Wednesday evening. The air temperature at night will be +7 to +10°C, and during the day, +11 to +13°C. The humidity will be 80-90% at night and 70-80% during the day. Rain with thunderstorms will also affect other parts of the country. Snow is expected in mountainous areas. There will be fog in places, with westerly winds.
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Industry leaders from Google, Ambition Loop, and Azerbaijan Railways joined Azercell to explore corporate responsibility, innovative solutions, and collaborative approaches to advancing sustainability
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The COP29 conference concluded in Baku, leaving behind a trail of controversy and criticism. Renowned historian Jamil Hasanli characterized the event as a vivid reflection of governance problems in Azerbaijan under President Ilham Aliyev. Hasanli, a staunch critic of the administration, described COP29 as an expensive spectacle that exposed systemic failures and intensified international scrutiny of Azerbaijan's political and economic structures.
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President of the European Parliament Roberta Metsola has invited Azerbaijani economist and political prisoner Professor Gubad Ibadoglu to Strasbourg to attend the 2024 Sakharov Prize award ceremony. The invitation, delivered by Member of the European Parliament Michael Bloss at the COP29 climate conference, comes as Ibadoglu remains under house arrest and prohibited from leaving Azerbaijan.
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