The Azerbaijan State News Agency

POLITICS

Foreign Policy News: Azerbaijan maintains impressive economic growth and public works

Foreign Policy News: Azerbaijan maintains impressive economic growth and public works Baku, October 12 (AZERTAC). U.S.-based Foreign Policy News has published an article headlined “Azerbaijan maintains impressive economic growth and public works”.

Written by Peter Tase, a contributor, freelance journalist and a research scholar of International Affairs, Paraguayan Studies, Middle East Studies and Latin American Affairs, the article says: “At the beginning of 2014, the Government of the Republic of Azerbaijan has embraced a series of projects in the areas of infrastructure development and public works as well as introduced a number of socio-economic reforms which are considered to be of high priority in order to ensure stable economic growth and better living standards for its citizens. The nation’s financial stability, growing international reputation and respect for the rule of law have been essential towards the completion of many infrastructure projects in Azerbaijan and is working tirelessly to ensure the completion of the natural gas supply lines nationwide.

The positive image of Azerbaijan in the World has made Baku one of the most attractive destinations for large multi-national corporations and real estate investors. As many foreign visitors have experienced in their recent visits, the quality of infrastructure projects in Azerbaijan is first rate, additionally the urban planning policies and governmental rules are considered to be among the best in the world. At the same time the relevant agencies in the Government of Azerbaijan have paid a great attention to quality control and have always maintained the completion of public works on schedule.

The Rural Roads National Fund is allocated appropriately and continues to grow its budget every year, therefore a large part of Azerbaijan’s rural population have access to good roads. However many roads require further maintenance and expansion. The construction of rural roads occupies a special place in the third Regional Development Program of Azerbaijan; additionally the President has allocated additional funds from his Contingency Fund in order to benefit this vital sector. In the next three years, the government of Azerbaijan will inaugurate a nationwide paved road system that will be very reliable to all its citizens and set a positive example in the region. Additionally, Baku has invested large resources on other infrastructure projects consisting of electrical grid systems and gas pipelines nationwide.

Fresh water lines and sanitation projects are currently being implemented throughout the country. The national budget has allocated significant resources in order to finance major investment projects that are already under way in major urban areas. In Azerbaijan there were many communities that have experienced difficulties for many years to have access to drinking water, now they have uninterrupted and round-the-clock supply of fresh water which complies with the standards of the World Health Organization. One of the high priorities of President Ilham Aliyev’s current administration is to build drinkable water lines on all cities and villages. The government agencies including “Azersu” and the Ministry of Environment and Natural Resources are building water treatment plants of modular type in villages located along the rivers. Today, almost 500 thousand people living in these territories have non-stop access to a clean drinking water.

In 2014, over US$20 billion was invested in the national economy. Such a large amount has allowed Azerbaijan to develop major projects in infrastructure and public works. Azerbaijan has one of the lowest inflation rates in the world. Its macroeconomic stability is the main factor that ensures a stable economic development.

Agriculture has gained a special attention in the administration of President Ilham Aliyev, as a result his nation has achieved impressive results in developing large agricultural farms and secured a prestigious place in the global market of agricultural and dairy products. Substantial reforms are being implemented and they will ensure self-sufficiency in grain production for the whole population in Azerbaijan. The Government of President Ilham Aliyev is setting the standard by establishing large agricultural farms that operate within the world’s highest standards. The main priority of the agricultural sector is to expand its presence in the international markets and increase the quantity of agricultural products being exported to Europe.

In regards to national gasification project, this process has been steady and moving toward the right direction. In the next few years the gasification of Azerbaijan is expected to be distributed in over 95 percent of its territory. President Aliyev has been following the progress of this undertaking very closely and is informed on all the villages that have recently natural gas services available. Azerbaijan’s gas has also been heavily exported to Georgia.”

Share news on social media

Follow us on social network

Deaths in Brazil floods rise to 107, horse rescued from rooftop

Azerbaijani oil price surges in global markets

Bayer Leverkusen eliminate Roma to face Atalanta in Europa League final

Olympiacos beat Aston Villa to play Fiorentina in Europa Conference League final in Athens

"Anatolian Phoenix - 2024" exercise underway

Azerbaijani FM heads to Kazakhstan for working visit

President Ilham Aliyev and First Lady Mehriban Aliyeva visited tomb of National Leader Heydar Aliyev in Alley of Honors VIDEO

President Ilham Aliyev made post on 101st anniversary of National Leader Heydar Aliyev

Putin, Pashinyan agree to withdraw Russian military from some Armenian regions

Culture figures awarded individual scholarships by President of Azerbaijan - ORDER

China, Serbia sign 28 cooperation documents

AERA holds “Transition to Green Energy” seminar at Baku Slavic University

Art figures honored with Azerbaijani Republic President's Award - ORDER

Russia holds Victory Day parade on Moscow’s Red Square

Joselu scores late double against Bayern Munich, sends Real Madrid to Champions League final

Member of Presidency of Bosnia and Herzegovina invited to COP29

Fiorentina book back-to-back Europa Conference League finals

President Ilham Aliyev and First Lady Mehriban Aliyeva paid tribute to Azerbaijanis who died for Victory over fascism VIDEO

First Vice-President Mehriban Aliyeva made post on 9 May - Victory Day

Azerbaijan and Israel discuss cooperation and regional developments

Ankara hosts Azerbaijan-Türkiye business forum

Speaker of Azerbaijan`s Milli Majlis meets with Bulgarian President

Direct flights between Sofia and Baku set to begin in June

® Get your car easier by Kapital Bank

United Nations declares 8-9 May as time of remembrance and reconciliation for Second World War victims

Ankara hosts 11th meeting of Joint Intergovernmental Commission on Economic Cooperation between Azerbaijan and Türkiye

Japanese startup to use AI to translate manga

President of Bulgaria concludes his official visit to Azerbaijan

President of Bulgaria and his spouse visit National Gymnastics Arena in Baku

Azerbaijani PM Ali Asadov meets with Turkish President Recep Tayyip Erdogan

Ismail Serageldin awarded with “Honorary Diploma of President of the Republic of Azerbaijan”

TikTok, ByteDance sue to block US law seeking sale or ban of app

The Standard: Azerbaijan stands on cusp of a historic moment as its prepare to host COP29 this November

President Ilham Aliyev and President Rumen Radev made press statements VIDEO

Azerbaijan’s KOBIA attends panel session at AIM Congress in Abu Dhabi

Russia hails upcoming meeting of Azerbaijani, Armenian foreign ministers in Kazakhstan

Bulgarian President visits Alley of Martyrs in Baku

ADA University represented Azerbaijan in finals of World Programming Championships held in Egypt

Azerbaijan, Türkiye discuss cooperation in military education

President of Bulgaria visits grave of National Leader Heydar Aliyev in Alley of Honors

Czech shooter shines in Baku, setting new record

Germany’s Die Zeit newspaper posts article on Azerbaijan

® “Baku Marathon-2024” took place in an exclusive partnership with Azercell

® Changes in the use of the m10e electronic wallet starting May 9, 2024

World Migration Report 2024 reveals latest global trends and challenges in human mobility 

Bulgarian First Lady gets acquinted with samples of Azerbaijan`s national cuisine

Azerbaijani and Bulgarian Presidents held expanded meeting VIDEO

"FireLand" Azerbaijanis Community joins traditional festival in Belgium

Official dinner was hosted on behalf of President of Azerbaijan in honor of President of Bulgaria VIDEO

Azerbaijan-Bulgaria business forum gets underway in Baku

Azerbaijan joins "Islamic banking and finance" training in Türkiye

Tesla plans to test its 'robotaxi' in China

Azerbaijani female boxers to embark on training camp in Kazakhstan

Azerbaijan transforms the SDGs dialogue into a platform for peace and friendship

China extends visa exemption for 12 countries to promote exchanges: spokesperson

Prime Minister Ali Asadov meets with Turkish Vice President Cevdet Yilmaz

Bulgarian President: Azerbaijan plays a key role in diversifying our country's gas supply

FedEx cargo plane lands on its nose at Istanbul Airport after landing gear fails

Body of sixth missing worker recovered from Baltimore bridge collapse

Rumen Radev: Bulgaria and Azerbaijan are bound together by relations based on traditional friendship and mutual trust VIDEO

Spain’s Prado Museum confirms rediscovery of lost Caravaggio. Painting will be unveiled May 27

Azerbaijani youth chess players fight for glory at Dubai Police Global Chess Challenge 2024

President: Larger volumes of cargo to be transported both in the East-West direction and vice versa will further strengthen our ties

President Ilham Aliyev: Azerbaijan is actively engaged in extensive cooperation with partner countries, including Bulgaria, in green energy cable project

President: The trade turnover between Azerbaijan and Bulgaria has multiplied in recent times

President Ilham Aliyev: Azerbaijan's gas exports to Bulgaria are increasing year by year VIDEO

Azerbaijan and Bulgaria signed documents VIDEO

It is time to support remarkable progress Azerbaijan and Armenia are making towards peace, says Azerbaijani ambassador

Azerbaijani First Lady Mehriban Aliyeva met with Bulgarian First Lady Desislava Radeva VIDEO

The power of a dialogue - The insight of 6th World Forum on intercultural dialogue

Azerbaijani President Ilham Aliyev held one-on-one meeting with President of Bulgaria Rumen Radev VIDEO

Official welcome ceremony was held for President of Bulgaria Rumen Radev VIDEO

Xi arrives in Belgrade for state visit to Serbia

Oil prices fall in global markets

Azerbaijani oil price down in global markets

Airbus says deliveries up 13% in April, reaffirms A350F timeline

Borussia Dortmund reach Champions League final

“Donate Blood, Give Life!”: AZAL holds blood donation campaign for International Thalassemia Day

Chelsea’s Players’ Player of the Year goes to the least surprising winner ever

Slovak PM gives interview to AZERTAC and AzTV

Prince Harry arrives in London with no plans to see King Charles III

Baku hosts Azerbaijan-Slovakia business forum

Baku hosts 7th meeting of High-Level Working Group on Caspian Sea issues

FIFA President invited for COP29

Paris 2024: Olympic flame set for France arrival

Azerbaijani PM visits monument to National Leader Heydar Aliyev in Ankara

® Moody's International Rating Agency announces rating assessment of Kapital Bank

UAE Council for Climate Action discusses climate ambition for COP29

The emergence of a global leader: A new era for Azerbaijani foreign policy

Paul Pogba set for shock new job outside of football amid doping ban

Prime Minister of Slovakia concludes his visit to Azerbaijan

Russia defends veto of UN resolution to prohibit nukes in outer space, urges vote to ban all weapons

Azerbaijani female gymnast to compete at FIG Rhythmic World Challenge Cup Series

Azerbaijani PM visits Anitkabir in Ankara

® Azercell Introduces Premium Tariff and Premium+ Loyalty Program

‘Laos keen to benefit from Azerbaijan’s experience’

Deepwater Gunashli planned turnaround programme successfully completed

Slovak Prime Minister visits Alley of Martyrs in Baku

Vietnam marks 70th anniversary of the 'historic' Dien Bien Phu victory

Next group of Azerbaijani servicemen to be involved in EFES-2024 exercise leaves for Türkiye