Baku, January 1, AZERTAC
President Ilham Aliyev has described the year 2015 as successful for Azerbaijan. "Azerbaijan developed successfully in 2015," he said in his congratulatory message to the people of Azerbaijan on the occasion of the Day of Solidarity of World Azerbaijanis and New Year.
"Our main goal has been to secure a sustainable life of the Azerbaijani people and achieve dynamic development of our country. Public and political stability in Azerbaijan has been ensured. The people of Azerbaijan are living and will continue to live in security. At the same time, the price of oil dropped sharply in 2015 – it dropped three times. This was impossible to imagine at the beginning of the year. However, it is a reality. As a result of a judicious economic policy conducted in Azerbaijan, economic growth has been secured. Non-oil sector development has been achieved."
The head of state said: "In particular, I am especially delighted with the development of the non-oil industry by more than 7 per cent. This suggests that the policy conducted in previous years is yielding fruit. Azerbaijan is a sustainable economy and our dependence on oil will reduce even further. Of course, our revenues have dramatically decreased and the national currency has depreciated." "However, we have done and will continue to do our best for this situation not to affect people’s living standards. In particular, our main goal is to maintain consumer prices at a stable level," the President added.