BAKU, Azerbaijan, August 16. World home
meals worth inflation stays excessive, Development experiences.

Knowledge from March by way of June 2022 have proven excessive inflation in
nearly all low- and middle-income international locations. In 93.8 % of
low-income international locations, 89.1 % of lower-middle-income
international locations, and 89 % of upper-middle-income international locations,
inflation was above 5 %, and in lots of instances exceeded 10
%.

The share of high-income international locations with excessive inflation additionally
sharply rose, with about 78.6 % of nations experiencing
excessive meals worth inflation. Essentially the most affected international locations are in
Africa, North America, Latin America, South Asia, Europe and
Central Asia. In actual phrases, meals worth inflation exceeded common
inflation in 78.7 % of 160 international locations.

The shocks attributable to the state of affairs in Ukraine, the COVID-19
pandemic and the local weather have begun to place stress on the delicate
meals provide chain, pushing this problem to the highest of the
geopolitical agenda. It’s essential to search for new methods to make sure
meals safety. This may even entail a shift from dependency to
diversification and from globalization to regionalization.

The worldwide rise in meals costs additionally has affected Azerbaijan,
because the nation hasn’t but grow to be 100% self-sufficient in
meals merchandise. Nonetheless, constant measures are being taken in
Azerbaijan to realize this purpose, and the outcomes of this exercise
will be seen within the figures. The nation offers itself with meat
merchandise by 90 %, poultry meat – by 80 %, and milk and
dairy merchandise – 85 %.

The latest information on agricultural manufacturing within the nation
have instructed that within the coming years the extent of meals
self-sufficiency will additional improve.

From January by way of July 2022, the worth of all agricultural
merchandise in precise costs in Azerbaijan amounted to six.39 billion
manat ($3.76 billion), of which 2.9 billion manat ($1.7 billion)
accounted for livestock and three.48 billion manat ($2.05 billion) for
crop merchandise.

Agricultural manufacturing elevated by 3.1 %, together with
livestock merchandise – by 2.7 %, and vegetable merchandise – by
3.4 %.

Among the many measures to make sure meals safety, there needs to be
famous the decree signed by the President of Azerbaijan Ilham Aliyev
on July 19, 2022 “On a lot of measures to extend the extent of
self-sufficiency in meals wheat.”

In accordance with the decree, on the preliminary stage, as a pilot
challenge for meals grains produced by individuals who’ve dedicated
themselves to the manufacturing of meals wheat on farms utilizing trendy
irrigation techniques and handed it over to the State Reserves Company
of Azerbaijan and to flour mills in accordance with the contract,
concluded with the Ministry of Agriculture, ranging from 2023, a
subsidy for a interval of 5 years shall be utilized.

Apart from, the state buy worth for meals wheat shall be
decided yearly till August 1, 2022, and in subsequent years –
yearly till July 1, given the bills for manufacturing (value) of
meals wheat and the doable revenue of the producer.

Together with the above, the Cupboard of Ministers of Azerbaijan
adopted a decision “On measures to manage the export from the
nation of a lot of fundamental meals merchandise included within the minimal
client basket, and items used of their manufacturing”. This determination
additionally turned necessary and well timed for the safety of the home
market.

On the coronary heart of the duties within the area of guaranteeing meals
safety, there are six fundamental ideas, particularly within the area
of offering fundamental foodstuffs, together with grain.

The fundamental precept is that in meals security, the give attention to the
most important merchandise is principally shifted to native manufacturing. This can be a
discount in the price of manufacturing, and a rise in its
amount and high quality.

The second fundamental precept, which follows from the primary one, is
that the federal government goals to subsidize manufacturing, reasonably than
imports. The third precept is the liberalization of costs for
fundamental foodstuffs, which is a vital incentive for
entrepreneurs. It’s additionally obligatory, firstly, to forestall an
synthetic improve in costs, and secondly, to make sure the margin
of entrepreneurs.

The struggle towards the unfair competitors may even be
intensified. The precept of performance-based subsidies goals to
improve transparency in subsidization and stimulation to
manufacture extra merchandise.

Given the rise in costs for meals merchandise, 193 million manat
($113.5 million) was allotted to create a reserve within the area of
meals safety as a part of amendments to the state price range for the
present yr.

Undoubtedly, the liberated lands of Azerbaijan, which have very
favorable pure situations for the event of agriculture,
may even contribute to growing the extent of meals
self-sufficiency within the nation.

These territories have traditionally been leaders within the
manufacturing of high quality grain, cotton, livestock, tobacco and
viticulture merchandise. It’s worthwhile to develop cotton, grapes, sugar
beet, and corn within the Aghdam and Fuzuli districts on account of excessive
fertility of the lands within the districts. The mountainous districts,
that’s, Kalbajar, Lachin and Gubadli, had been traditionally thought of
zones of animal husbandry. On the identical time, there are situations
for the event of fish farming within the liberated territories.
However, greens, melons and fodder crops will be grown
in these areas. Apart from, sugar beet will be planted on these lands
and get a superb harvest.

In the intervening time, probably the most acute problem is the worldwide provision of
grain. In Azerbaijan, the coefficient of self-sufficiency in grain
at first of 2022 was 62 %. In an effort to considerably
improve the manufacturing of meals wheat, a particular program has been
developed within the nation, and new kinds of subsidies are being
utilized.

The nation’s meals safety is an integral a part of its nationwide
safety. Enhancing the provision of meals merchandise to the inhabitants
is a vital socio-economic problem, the answer of which is of
specific significance for the event of the nation. Guaranteeing
meals safety of the inhabitants, is among the most important instructions of
state coverage, overlaying broad nationwide, financial, social,
demographic and environmental points.

On account of the efficient and well timed measures taken, as properly
as because of the in depth improvement of agriculture within the liberated
territories, Azerbaijan will undoubtedly make a giant breakthrough in
the sphere of meals safety in a short while.