BAKU, Azerbaijan, Nov. 13
By Khagan Isayev – Trend:
Real growth rates in the non-oil sector of Azerbaijan by the end of 2021 are projected to reach six percent, Trend reports referring to the draft state budget of Azerbaijan for next year.
According to the document, the average annual growth in this area of Azerbaijan in the period from 2022 to 2025 will reach 5.1 percent.
"At the same time, real growth rates in the agricultural sector are projected at 4.4 percent by the end of this year. The average annual growth in this area in the period from 2022 to 2025 will amount to four percent," the draft state budget says.
It is noted that in the non-oil industry, real growth will amount to 17.1 percent, in the construction sector - 0.4 percent, in tourism and public catering - 23.1 percent, in trade - 3.8 percent, in the transport sector - 11 percent, in the field of telecommunications - 6.5 percent, social and other services - 4.1 percent.