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ECONOMY

President Ilham Aliyev: “Azerbaijan`s economy successfully developed in 2012”

02.01.2013 [17:14]
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Baku, January 2 (AZERTAC). “Azerbaijan`s economy successfully developed in 2012 and development manifests itself again in the economy. What makes us delighted the most is that the non-oil economy grew by 10 per cent, and it shows that our reforms-related policy is very successful and very effective,” said President Ilham Aliyev in his congratulatory message to the people of Azerbaijan on the occasion of the World Azerbaijanis Solidarity Day and the New Year.

“Successful, dynamic development of our country has been ensured in 2012. All tasks facing the country have been fulfilled.

Our economy is diversified. I am sure that additional opportunities will be created in future years for sustainable economic development of our country.”

“All economic indicators are high. The poverty level dropped to 6 per cent. Jobless rate is 5.2 per cent. This year saw over 100 thousand jobs opened with a total of 1.1 million jobs created during the past nine years. New jobs directly helped reduce unemployment.

International rating agencies upgraded our country`s credit ratings in 2012. It is a very good and momentous event for the year of crisis. Azerbaijan`s economy is the 46th for the competitiveness index in the world. I am confident that our positions will be higher in the years to come,” the Head of State added.

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