Azerbaijan, Baku /corr. Trend U.Ismaylova / Azerbaijan needs to support the growth of its non-oil sector because this step will assist in strengthening the country's macroeconomic situation, including the development of entrepreneurship and the opening of new workplaces, said USAID's Economic Advisor, Paul Davis. "We, as an International Development Agency, are going to assist the Government of Azerbaijan and also individual persons in ensuring the successful development of the non-oil sector," he said. USAID will devise projects to support the development of the non-oil sector of Azerbaijan.
Davis said that the country's 35% economic growth rate is a very high indicator and that the level of private investments is huge. Azerbaijan has vast opportunities to use resources which are accumulating from the oil revenues so that all spectra of the population can benefit, Davis concluded.