Ilham Aliyev: Azerbaijan’s economy developed despite ungrounded pressure, provocations (UPDATE)

Details added (first version posted on 17:54)

Baku, Azerbaijan, Oct.12
Trend:

President of the Republic of Azerbaijan Ilham Aliyev chaired the meeting of the Cabinet of Ministers on Oct.12 dedicated to the results of socio-economic development in the first nine months of 2015 and objectives for the future.

Addressing the meeting, the president said that Azerbaijan's economy has been developing throughout the past nine months despite the ongoing crisis in the world, sharp decrease in oil prices, ungrounded pressure and in some cases, the provocations against the country.

During this period, the country's economy grew by 3.7 percent, industrial production by 2.1 percent, non-oil industry by over 10 percent, and agriculture by 6.7 percent, Aliyev stressed.

From January to September of 2015, the inflation in Azerbaijan stood at 3.7 percent, the population's cash income increased by 5.8 percent, he said, adding that $16 billion has been invested in the country's economy from all sources.

Talking about the projects implemented in the social sphere, the president noted that 34 schools, 26 kindergartens and 11 medical facilities have been constructed or overhauled in the country during this period.

Ilham Aliyev said great work was done on improving the population's social situation, transparency has been ensured in rendering targeted social assistance, adding that currently, 500,000 people, that's to say, 114,000 families receive targeted social assistance.

President Aliyev said that as a result of a consistently pursued government policy for creation of new jobs, 87,000 job vacancies have been opened in the country in nine months, 67,000 of them being permanent ones.

He linked the achieved success with the country's independent policy, and ensuring stability and security, strengthening civil solidarity in Azerbaijan.

Azerbaijani president noted that this year there have been significant events for expansion of the country's transit capacity, recalling that the first container train from China arrived in Azerbaijan and that the construction of the Azerbaijani section of the Baku-Tbilisi-Kars railway was completed.

President Aliyev drew attention to that in the nine months of this year, considerable amount of work was carried out on the Southern Gas Corridor, as well as serious steps taken to develop the Shah Deniz-2 field and implement the TANAP project.

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