GROSS DOMESTIC PRODUCT

Military Spending: How Azerbaijan Surpassed Armenia

By:
Мартин Армстронг

Three years after the last war between Armenia and Azerbaijan, the Armenian-majority separatist region of Nagorno-Karabakh has suffered new Azeri strikes. Baku says its intention was to target military infrastructure as part of an “anti-terrorist operation” and to spare civilians, but observers on the ground have reported a heavy human toll: At least 32 civilian deaths in the space of 24 hours. This Wednesday, the authorities of Nagorno-Karabakh accepted a ceasefire with Azerbaijan, after mediation by Russian peacekeeping forces.

Azerbaijan unveils value added growth in non-oil industry in 2021

By:
NAZRIN ISRAFILOVA

The value added in the non-oil industry of Azerbaijan increased by 17.8 percent, and in the non-oil refining industry by 21.7 percent in 2021, Trend reports referring to Azerbaijani Economy Minister Mikayil Jabbarov’s message on Twitter.

The share of non-oil industry in non-oil GDP reached 9.6 percent in 2021, which is higher than in 2020 (8.5 percent) and 2019 (7.6 percent).

Source: https://en.trend.az/business/3544121.html

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