Baku. Rashad Suleymanov – APA-Economics. Economic forecasts, tendencies and Azerbaijan’s economic achievements have been taken into accounts when the socio-economic development concept was developed, Minister of economic Development Shahin Mustafayev said at the plenary session of the parliament.
According to him the inflation in Azerbaijan is planned to be 5%, rate of dollar against manta be AZN 0.8040. At the same time the oil production is expected to be reached 62.4 mln tons after 3 years, total gas production to be reached 120 bcm during the next 4 years. The growth in foreign trade turnover will be 3.5%.
The growth in the non-oil sector will make 7.2%. Gold production is expected to be increased by 6 times.
Minister Shahin Mustafayev: “Azerbaijan’s new socio-economic development conception is guided by forecasts and tendencies of worldâ€
12 October 2010 12:42 (UTC +04:00)
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