PM Artur Rasizadeh: “World financial crisis was no observed in Azerbaijan, last year”

PM Artur Rasizadeh: “World financial crisis was no observed in Azerbaijan, last year”
# 15 March 2011 10:55 (UTC +04:00)
Government paid attention to the solution of social problems, development of business and elimination of jobless, Prime Minister Artur Rasizadeh said Milli Majlis.

According to him, 73 000 working places have been launched, AZN 41.6 bln-GDP was produced, during the same period, up 5% compared to a year ago. AZN 13.9 bln invested in economy, up 32.4% from 2009. Investment in main capital made AZN 9.2 bln.

He also noted that, all social programs had been fulfilled last year, AZN 1.2 bln loan agreements signed with international organizations. Rate of manat remained unchanged. Population’s deposit and banks loans increased.

Rasizadeh noted that, state budget granted has granted AZN 143 mln and AZN 75 mln to Azerenergy and Balielektrishebeke, AZN 40 mln to alternative and renewable energy.

Prime Minister als spoke about the achievements in heavy industry and agriculture sector. According to him, production in metallurgy sector rose 44.8%, in machine building 2.5 times.

He noted that the military industry complex has also developed, last year. 350+ types of production have been produced in this sphere.

He also spoke about flood hazards in Azerbaijan.


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