Bank Of Baku

State and private sector funding for Agricultural State Program to exceed AZN 5 billion

State and private sector funding for Agricultural State Program to exceed AZN 5 billion
# 12 June 2026 11:44 (UTC +04:00)

“The President’s special emphasis on the role of the private sector in the implementation of the State Program once again demonstrates that the sustainable development of agriculture is possible not only through state support, but also through the active participation of farmers, agro-parks, processing enterprises, logistics companies, and private sector entities providing technology and irrigation solutions,” Assistant to the President of the Republic of Azerbaijan for socio-economic issues Khalid Ahadov said at the regional meeting for the Mountainous Shirvan economic region held in Ismayilli within the framework of the “State Program on the Development of Production and Processing Sectors of Agricultural, Fisheries and Aquaculture Products in the Republic of Azerbaijan for 2026–2030,” APA reports.

Khalid Ahadov stated that in the coming period, the private sector should act not only as a producer, but also as the main participant and driving force of the agricultural value chain.

“A farmer produces agricultural products, a processing enterprise adds value to those products, logistics and storage infrastructure reduce product losses, and the exporter brings the products to foreign markets. It should be taken into account that when any link in this chain is broken, the result achieved in production cannot be fully transformed into economic value. For the implementation of the measures envisaged in the State Program, it is planned to mobilize more than AZN 2 billion through state funding and approximately more than AZN 3 billion from the private sector,” the presidential aide noted.

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