BAKU, Azerbaijan, Nov. 10
By Khagan Isayev - Trend:
The production volume will exceed 27 billion manat ($15.9 billion) in the Azerbaijani mining industry in 2022, Trend reports on Nov. 10 referring to the Azerbaijani draft state budget for next year.
According to the forecasts, the added value in the above-mentioned sector will reach about 23.3 billion manat ($13.7 billion), 25 billion manat ($14.7 billion), 25.5 billion manat ($15 billion) and 24.9 billion manat ($14.6 billion) in 2023, 2024 and 2025, respectively.
Moreover, the share of value-added in the country's mining industry in 2022 is projected at 86.4 percent, while 86.4 percent, 86.1 percent, 85.6 percent in 2023, 2024, and 2025, respectively.
According to the draft state budget, real growth in the mentioned sphere will reach two percent in 2022.