Azerbaijan, Baku / corr Trend S.Agayeva / Over the last three years Azerbaijan has become a country with a dynamically developing economy worldwide, Azerbaijani President Ilham Aliyev stated while addressing the public in the Neftchala District of Azerbaijan on 23 August. The head of State noted Azerbaijan has become the leading country in the region and this has been recognized by all.
According to President Aliyev, the public budget of Azerbaijan has increased significantly over the past three years and Azerbaijan's economic power is currently enabling all set targets to be resolved. Noting a drop in poverty from 49% to 20% over the past few years, the President said he hopes to eliminate poverty in the country. "I am dissatisfied with the current social state in the country," the President said. In future the Government will concentrate more on eliminating poverty in the country, he said.
The head of State also noted the Government's support to entrepreneurs who receive assistance from the Government to the amount of approximately $100mln a year. He also promised an increase in pensions and salaries in Azerbaijan over the subsequent years.
As part of his tour to Neftchala District, the President participated in the opening of a branch of Xalq Bank, as well as visiting the Safarov Boarding School and school of chess. Within the tour, the President intends to visit Hajigabul and Alat districts and plans to participate in the opening of various social facilities.
Neftchala District of Azerbaijan with the square of 1,450sq m and population of 74,000 people is located in 180km of Baku.