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Azerbaijani Economic Development Ministry to prepare economic development plan

Business Materials 21 January 2013 13:41 (UTC +04:00)
The Azerbaijani Economic Development Ministry will prepare an action plan in various areas of economic development in 2013 under Azerbaijani President Ilham Aliyev’s orders it was announced at a meeting of the Cabinet of Ministers chaired by the president last Tuesday and dedicated to the results of socio-economic development in 2012 and objectives for the current year.
Azerbaijani Economic Development Ministry to prepare economic development plan

Azerbaijan, Baku, Jan. 21 / Trend A. Akhundov /

The Azerbaijani Economic Development Ministry will prepare an action plan in various areas of economic development in 2013 under Azerbaijani President Ilham Aliyev's orders it was announced at a meeting of the Cabinet of Ministers chaired by the president last Tuesday and dedicated to the results of socio-economic development in 2012 and objectives for the current year.

This decision was taken at the ministry's board meeting, it was reported on Saturday.
The action plan will cover measures to expand the use of information and communication technologies (ICT) in connection with the announcement of 2013 as the Year of ICT in Azerbaijan.

'The plan also includes measures to preserve macroeconomic stability, develop the non-oil sector, accelerate the implementation of state programmes, continue industrialisation, execute infrastructure projects and improve the business environment.

'It would also strengthen public financial support for entrepreneurship in the country, increase self-sufficiency in food products, improve the situation with providing the population with public utilities, expand the production of competitive products and enter the foreign markets and other issues', a statement said.

Minister Shahin Mustafayev said that the share of private sector in the country's GDP rose to 83 per cent.

"Azerbaijan's GDP increased by 2.2 per cent in 2012, GDP per capita increased to 5.884.5 ($7.490.5). GDP growth was achieved through the non-oil sector," Mustafayev said.

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