In January 2021, Azerbaijan produced agricultural products for AZN 341.9 million ($201.2 million). “QİA.AZ” informs, citing the Azerbaijani State Statistical Committee, that this figure is 2.3 percent more than in the same period last year. Over the past year, the cost of plants and plant-based goods produced in the country increased by 6.8 percent, up to AZN 16.4 million ($9.6 million). The monetary value of livestock… Continue reading Azerbaijan’s agrarian sector grows by 2%
New road to be built on Georgian-Azerbaijani transit corridor
The construction of a 35-kilometer Tbilisi-Sagarejo road in the Georgian region of Kakheti will begin this year, “QİA.AZ” informs, citing Georgia’s Minister of Regional Development and Infrastructure Maya Tskitishvili. She said that the construction of the new road will accelerate the economic development of Georgia. The construction of the Tbilisi-Sagarejo highway will be financed from the state… Continue reading New road to be built on Georgian-Azerbaijani transit corridor
WB to approve loan for road reconstruction in Azerbaijan
The World Bank (WB) Board of Directors plans on May 25 to approve a loan worth $65 million to Azerbaijan for a new Regional Connectivity and Development Project, “QİA.AZ” informs, referring to the WB. The total cost of the project is $95.8 million. For the implementation of this project, the bank plans to use the funds saved within the Third Highway Project… Continue reading WB to approve loan for road reconstruction in Azerbaijan
Spanish police detain dozens of people in protests over rapper’s arrest
In Spain, 49 people were arrested in a demonstration against the arrest of rapper Pablo Hasel over accusations of promoting terrorism, “QİA.AZ” states, citing the El Periodico newspaper. The police detained protesters during riots in central Barcelona and Madrid, as well as in the provinces of Catalonia and Granada. The rally in the capital began in the central square of Puerta… Continue reading Spanish police detain dozens of people in protests over rapper’s arrest
Azerbaijan posts 5% cost of communication services
In January this year, information and communication enterprises in Azerbaijan provided services worth AZN 177.8 million, including 75.1% in the public sector, “QİA.AZ” informs, citing the State Statistics Committee. During the reporting period, the cost of services provided by information and communication enterprises in Azerbaijan decreased by 5.1%, with private sector accounting for 77% of revenues in this area.
Azerbaijan’s state budget surplus exceeds 1bln manats
Revenues of Azerbaijan’s state budget in January amounted to 2.32 billion manats ($1.36 billion), and expenditures reached 1.23 billion manats ($723.95 million) this year,“QİA.AZ” informs referring to the State Statistics Committee. This is 27.4 and 12.2 percent less compared to the same period last year. As a result, a surplus of 1.08 billion manats ($640.7 million) was formed in the budget.
New Italy PM Mario Draghi facing a vote of confidence in Senate today
Premier Mario Draghi easily won a confidence vote in Parliament’s upper chamber Wednesday night after vowing to do whatever it takes to lead Italy out of the coronavirus pandemic and rebuild its economy into a more sustainable and equitable one for future generations, “QİA.AZ” informs, citing Varese News. The Senate voted 262-40 with two abstentions… Continue reading New Italy PM Mario Draghi facing a vote of confidence in Senate today
WB unveils economic growth forecast in Azerbaijan
The World Bank (WB) expects Azerbaijan’s economy to grow by 1.9 percent this year and 4.5 percent next year, “QİA.AZ” informs. referring to the WB report. The document also notes that in 2020, the economic growth will be 2.5 percent in the South Caucasus region, including Azerbaijan. This growth will be ensured by weakening the coronavirus pandemic… Continue reading WB unveils economic growth forecast in Azerbaijan
Netflix announces scholarship program for young artists
Netflix has partnered with anime studio WIT Studio to declare a six-month scholarship program for young artists to the Tokyo Anime School in Japan. According to “QİA.AZ”, the program developer is Hitomi Tateno, who worked at the Ghibli studio for 25 years. Netflix will pay six months’ tuition to the artists. In addition to education, the internet… Continue reading Netflix announces scholarship program for young artists
Separatist regime punishes peaceful Armenians in Karabakh
The remnants of the separatist regime in the Nagorno-Karabakh region of Azerbaijan have begun to punish the peaceful Armenians living there. “QİA.AZ” informs that the Prosecutor General’s Office of the so-called regime has opened a criminal case on treason during the Second Karabakh War. The criminal case is based on the information from public organizations that… Continue reading Separatist regime punishes peaceful Armenians in Karabakh