Bank Of Baku

Deputy Minister: “Poverty level decreased by 500% in Azerbaijan during past 10 years”

Deputy Minister: “Poverty level decreased by 500% in Azerbaijan during past 10 years”
# 21 October 2011 12:51 (UTC +04:00)
According to him, the poverty level is 9.1% in 2010, while it was 49% in 2011. He noted that, the economy rose 300 times , industrial production – 300 times, budget expenditure – 20 times, +950,000 work places were launched, pensions rose 40% during 8 years.

Population incomes increased by 4.5 times, average monthly salary – by 4.3 times, population deposits – by 12 times.

+40,000 were opened, during the same period.













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