PRESIDENT: AZERBAIJAN`S CURRENCY RESERVES REACHED $24.7bn
Baku, July 14 (AZERTAC). The President of Azerbaijan has said the country`s currency reserves have increased from 20 to 24.7 billion US dollars in the first six months of the year.
President Ilham Aliyev made opening remarks at a Cabinet meeting which he chaired to discuss the outcomes of the socio-economic development in the first half of 2010.
“We`ve created large financial resources. Thanks to our successful oil policy Azerbaijan is today expanding its financial potential.”
“And this allows us to fulfill any economic task, realize any infrastructure project by ourselves,” said the President.
The Azerbaijani leader vowed the country would further increase its currency reserves, adding it “will ensure our successful development and independent policy”.
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