Bank Of Baku

Azerbaijan to hold exchange rate of national currency against dollar stable next year

Azerbaijan to hold exchange rate of national currency against dollar stable next year
# 22 November 2011 11:29 (UTC +04:00)
According to him, construction of production and service institutes in Azerbaijan is significant. At present, 200+ enterprises, as well 70+ industrial enterprises are bein constructed in the regions.

Chemical industry is expected to increase by 20.8%, forecasted 16.3%-growth oin metallurgy will be related with launch of new plant in Ganja city. Construction materials and food products are forecasted to increase by 9.3% and 4.1%.
AZN 4.3 bln capital is planed to invest in oil sector, AZN 9.3 bln – in non-oil sector.

Minister said that, social projects wil be preferred in 2012 and minimum salary will be reached subsistence minimum in 2013.
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