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Azerbaijan's economy continues moving forward: Azerbaijan president

Politics Materials 3 September 2009 19:01 (UTC +04:00)
Despite that the economic crisis gripped the world economy, the Azerbaijani economy continues to move forward, said Azerbaijani President Ilham Aliyev on Thursday, speaking before the public in Hajigabul region of the country.
Azerbaijan's economy continues moving forward: Azerbaijan president

Azerbaijan, Baku, September 3 / Trend , U.Ismayilova /

Despite that the economic crisis gripped the world economy, the Azerbaijani economy continues to move forward, said Azerbaijani President Ilham Aliyev on Thursday, speaking before the public in Hajigabul region of the country.

"It is possible to say that the global financial crisis that has gripped the world, only slightly affected Azerbaijan," said Ilham Aliyev.

He said it resulted from the current economic policy of Azerbaijan, political stability and the timely resolution of existing problems in the country.

Sometimes, our economic success is connected with the energy sector in Azerbaijan. But look, in Azerbaijan, the non-oil sector develops more rapidly than the oil sector. Why?! Because we could efficiently use our opportunities and allocate funds to infrastructure projects. Great funds are allocated to develop agriculture and entrepreneurship and thus, Azerbaijan is developing comprehensively.

"Over the past years, much have done in all regions of the country to improve the living conditions, including building schools, improving infrastructure, building medical facilities, power plants," said Ilham Aliyev.

"This development is also observed in Hajigabul region of the country. Over the past five years, an increase in the production of various products, overall economic growth have been observed," said Ilham Aliyev.

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