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Road map to ensure Azerbaijan's GDP growth rate

Business Materials 16 December 2016 20:58 (UTC +04:00)
Around 20,000 new jobs are planned to be created in Azerbaijan and the country’s GDP is planned to be increased by 1.2 billion manats through the measures to be taken in the field of agriculture in the country until 2020.
Road map to ensure Azerbaijan's GDP growth rate

Baku, Azerbaijan, Dec. 16

By Azad Hasanli - Trend:

Around 20,000 new jobs are planned to be created in Azerbaijan through the measures to be taken in the field of agriculture in the country until 2020, according to the "Strategic Road Map for the manufacture and processing of agricultural products in the Republic of Azerbaijan", published in the country’s official press Dec. 16.

According to the Strategic Road Map, the country’s GDP is planned to be increased by 1.2 billion manats.

"So, the direct effect on GDP as a result of the measures indicated in the "road map" will reach 575 million manats, while the indirect effect will ensure an additional increase in GDP by 660 million manats," the road map said.

The road map reflects the short-term measures (until 2020), medium term measures (until 2025) and long-term measures (after 2025).

(1.7525 manats = $1 on Dec. 16)

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