Azerbaijani President: It's our achievement that we managed to avoid a so-called oil curse that many countries with oil and gas reserves have faced

Ilham Aliyev, President of the Republic of Azerbaijan

© APA | Ilham Aliyev, President of the Republic of Azerbaijan

# 02 March 2024 11:01 (UTC +04:00)

"It's our, I think, achievement that we managed to avoid a so-called oil curse that many countries with oil and gas reserves have faced," President Ilham Aliyev said in an interview with Euronews TV channel, APA reports.

"We transformed oil into development. We managed to provide a fair distribution of wealth. We reduced poverty in Azerbaijan during the last 20 years from 50% to 5%. And all what you see here in Baku is absolutely new development of infrastructure and improvement of living conditions of the people. So, the narrative now, unfortunately, is that fossil fuel is something dangerous, which is bad, and the countries having these resources must be blamed for that. My message was that judge us by what we do, how we treat it, how we use revenues in order to address the needs of the people and stimulate the green agenda. I hope my message will be heard," the head of state emphasized.

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