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MINISTRY OF ECONOMIC DEVELOPMENT SET TO PREPARATION OF HUMAN DEVELOPMENT DRAFT PROGRAM вЂ"FARHAD ALIYEV

Business Materials 22 June 2005 15:39 (UTC +04:00)

The Ministry of Economic Development (MED) set to implementation of the president’s edict on preparation of the draft Program of further human development 2006-2015 гг. The MED has already set to collecting proposals on the new program from the Executive

authorities of all regions, The Minister of ED, Farhad Aliyev told Trend on 22 June. "All other Ministries also send their proposals to the MED”, Aliyev noted.

According to him, the MED plans to manage in 3-month period, assigned by the President to develop the draft program.

The Minister also stressed, that the cost of the 10-year program will exceed $8 billion, earlier announced by the Cabinet of Ministers, but Aliyev refused to name it, having underlined, that the program’s volumes will be known in two months.

The program will replace the State Program for Poverty Reduction, which expires in 2005. The Program is scheduled for 10 years and aimed at double poverty reduction by 2015.

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