Bank Of Baku

President of Azerbaijan Ilham Aliyev approves the State Program for Sustainable Development and Poverty Reduction in Azerbaijan Republic in 2008-2015

President of Azerbaijan Ilham Aliyev approves the State Program for Sustainable Development and Poverty Reduction in Azerbaijan Republic in 2008-2015
# 15 September 2008 15:50 (UTC +04:00)
Baku-APA. President of Azerbaijan Ilham Aliyev issued an order for approval of the State Program for Sustainable Development and Poverty Reduction in Azerbaijan Republic in 2008-2015, the President’s Press Service told APA. Successful economic policy in Azerbaijan secured macroeconomic stability, sustainability of economic rate and led to improvement of incomes and welfare of population, said in the preamble. “As a result of State Program for Sustainable Development and Reducing Poverty in Azerbaijan Republic in 2003-2005 approved by the February 20, 2003 presidential decree, the poverty rate was reduced from 46.7 per cent to 29.3 in 2005. The achievements in this field were increased and poverty was 15.8 per cent by the end of 2007”. According to the order, the State Program for Sustainable Development and Reducing Poverty in Azerbaijan Republic in 2008-2015 was approved and the Ministry of Economic Development was urged to coordinate implementation of measures considered by the state program.
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THE OPERATION IS BEING PERFORMED