ECONOMY


CARE ABOUT ENTREPRENEURSHIP BRINGS POSITIVE RESULTS

The aimed actions implemented by the leaders of the country in the field of termination of the obstacles interfering entrepreneurship brings its positive results in Zagatali region of Azerbaijan.

For recent 5 years, production of GDP in the region increased 2.8 times and reached 366,1 billion manats and per capita - 2.7 times coming to 3,3, million manats. Cash incomes of the population made up 230,6 billion manats (a 10.1 percent growth) and per capita - 2.1 million manats (a 10.1 percent growth), local executive authorities reported.

Production of industrial output increased 3.1 times and in agriculture - 2.2. times coming to 56,2 and 142,6 billion manats accordingly.

At the moment, 103 governmental and 220 private enterprises, one foregn juridical perso and two joint ventures are operating in the region. Some 812 individuals are involved into small and medium business.

This year, rural farmers collected 17354 tons of grains. Harvest of each hectare increased by 1,1 centner as compared to the last year. Tobacco production increased 2.7 times and reached 1001 tons of output.

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