Minister Jabbarov: Over last two years, turnover on jewelry market has risen by 378%

Baku, January 27, AZERTAC

“The implementation of measures to combat the shadow economy and incentive mechanisms in the jewelry industry led to positive results,” Azerbaijan’s Minister of Economy Mikayil Jabbarov said on Twitter.

“In 2022, the domestic turnover of the jewelry made of gold and silver increased by 42%, compared to 2021, and reached 152 mln. 835 thousand ₼. Over the last two years, the turnover on the jewelry market has risen by 378%,” the minister tweeted.