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ILHAM ALIYEV: TARGETED ECONOMIC POLICY ENABLED TO IMPLEMENT RADICAL CHANGES IN ECONOMIC DEVELOPMENT OF AZERBAIJAN

Politics Materials 7 September 2005 17:26 (UTC +04:00)

Radical changes, carried out in Azerbaijan for the last years and the targeted economic policy enabled to implement fundamental changes in the economic development.

The welcome message of the President of Azerbaijan Ilham Aliyev, sent on 7 September to the participants of the European meeting “Globalization and Social Protection of Working Migrants”, staged by the Association on International Social Security, says, Trend reports.

The report notes, that the macro-economic stability and the high tempos of the economic development are the modern realities of Azerbaijan. В"In 2005 the real GDP will be 20%, and in 2006 вЂ" at least 30%В", the document notes.

It is underlined, that the activities of the Azerbaijan’s leadership in the social sphere is based on the principle- В"development of the social base is the main condition of the country’s sustainable economic development”.

В"Starting with 2006 РіРѕРґР°, a three-stage pension system will be applied in Azerbaijan, based on the principles of solidarity and the individual registration”, the message says.

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