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Azerbaijan to fight global financial crisis and continue sustainable development: president

Politics Materials 18 February 2009 14:38 (UTC +04:00)

Azerbaijan, Baku, Feb. 18/ Trend , J. Babayeva/

Azerbaijan will fight the global financial crisis and continue sustainable development, Azerbaijani President Ilham Aliyev said at a ceremony proclaiming Baku the "Islamic Cultural Capital 2009." 

"A strong will and thoughtful policies are key routes out of the crisis. One can see all these factors in Azerbaijan. Leading international financial organizations said Azerbaijan is ready for the crisis. The country is ready to fight the crisis with its policies. We will not cut funds allocated for humanitarian and cultural sectors," the president said.

He said the crisis has engulfed the entire world.

Developed countries have strongly suffered from the crisis.

The crisis causes economic difficulties that cannot be avoided, Aliyev said.

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