Bank Of Baku

Meeting on outcomes of first half of year held in Nakhichevan

Meeting on outcomes of first half of year held in Nakhichevan
# 25 July 2008 10:43 (UTC +04:00)
Nakhichevan. J. Gurbanoglu-APA. Meeting on outcomes of first half of year has been held in Nakhichevan , Vasif Talibov, Chairman of the Supreme Council of the Nakhichevan Autonomous Republic addressing the event noted that there was progress within six months and GDP accounts AZN 310290000 and it has been increased by 23% in comparison with last year. To him, AZN81501000 industrial production has been produced in the Republic and it is 23% more than production in last year. 250 kind productions were produced in the region and 82 kind foods, 139 kind non-foods, 221 kind consumer goods have been produced according to newly-established enterprises. He noted that Autonomous Republic’s state budget amounts AZN23mln 234,000 as a result of economic reforms. He touched upon shortcomings and added that there is an artificial price rise in the market and sale and purchase are conducted via foreign exchanges in black markets and he set a task to proper organizations for lifting of these problems. He assessed outcomes of first half of year satisfactory.
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THE OPERATION IS BEING PERFORMED