Azerbaijan has the sufficient stocks of grains

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The FINANCIAL — Azerbaijan has the sufficient carry-over stocks of grains, announced department the Head of the Department of Public Relations at the Ministry of Agriculture, Murtuzali Hajiyev on December 23.

In the current year, Azerbaijan produced 2.9 mln tonnes of grains, including 1.7 mln tonnes of wheat. The domestic production of grains covers the demand at 70-80%, said M.Hajiyev.

According to him, the prices for food products in the country continue changing almost every day, but there is no significant price growth for domestically produced food commodities. As a reminder, on December 21 the Central Bank of Azerbaijan shifted to free floating exchange rate, which significantly lowered the local currency rates.

 

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