Impact of global financo-economic crisis on Azerbaijani economy minimized: Azerbaijani president
Azerbaijan, Baku, July 22 / Trend , U.Ismayilova/
The measures and reforms recently conducted in Azerbaijan have minimized impact of the global financo-economic crisis on the country's economy, said Azerbaijani President Ilham Aliyev at the meeting on the results of socio-economic development of the country in the first half of 2009, held under his chairmanship, AzerTaj news agency reported.
"GDP rose 3.6 percent in the first half of the year and non-oil sector growth was 4.1percent. It shows that the future of the country less depends on the oil factor," Ilham Aliyev said.
The solution of the social issues was successfully developed in the first half of the year and existent program were carried out in this field, the president said.
The inflation ratio dropped to 3.7 percent in the past six months. Cash profit of the population increased 19 percent and average monthly salary - 15 percent in this period, the Azerbaijani president said.
The head of state said 35,000 new jobs, including 25,000 permanent jobs, opened in Azerbaijan in the first half of the year.
The second phase of the State Program for Socio-Economic Development of the Regions started to be carried out in this period. The government increased resources allocated to develop entrepreneurship, the president said.
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