The Azerbaijan State News Agency

PRESIDENT ILHAM ALIYEV PRESIDES OVER MEETING OF GOVERNMENT ON SOCIO-ECONOMIC RESULTS

Baku, October 16 (AZERTAC). President of Azerbaijan Ilham Aliyev on Friday presided over a meeting of the Cabinet of Ministers on the outcomes of socio-economic development for nine months of 2009.

In his opening remarks, the President said Azerbaijan`s economy had developed successfully through nine months of the current year.

Despite the global financial crisis and economic regression in many world countries, our national economy did not face the crisis seriously, on the contrary, we watch positive tendencies in rise of economy, the President noted.

The President pointed out gross domestic product (GDP) increased by 6, 1 percent, while industrial production grew 5 percent in the country through nine months of the year. He stressed the agricultural sector in the country saw 3 percent increase. The President also noted “this year for the first time three million tons of grain have been produced in Azerbaijan”, and described this figure as a record. The Head of State linked this to the ongoing reforms in the country`s agricultural sector.

President Ilham Aliyev said the population`s incomes have raised approximately by 10 percent while monthly wages increased by 15 percent.

“We are completely sure that our policy serves the Azerbaijani people`s interest”.

According to the President, 824 thousand work places have been created in the country since 2003. He underscored through the period, works on army building had been continued. He said Azerbaijan`s army is the most powerful one in the region and has the greatest military potential. “Because our country has been under the war conditions, the Nagorno-Karabakh conflict still remains unresolved and the only reason for this is Armenia`s unconstructive position”. The President said “now Armenia uses the tactics of extending time in the negotiation process,” adding “Azerbaijan does not intend to step back from its principal stance”.

The President`s remarks followed by reports of Minister of Economic Development Shahin Mustafayev, Minister of Education Misir Mardanov, Minister of Transport Ziya Mammadov and Minister of Industry and Energy Natig Aliyev who covered social and economic works done by their departments through nine months of 2009.

In his final remarks, President Ilham Aliyev stressed the necessity of keeping the speedy economic growth in the coming months. He added the economic development in 2003-2008 creates good opportunities for the future.

He expressed assurance that economic successes in the country will continue in 2010. “Our works are assessed by international organizations, as well”, the President underlined.

He pointed out the state budget for the next year had been defined in according with well-balanced economic policy with $45 per barrel oil price forecast.

The Head of State also gave certain instructions on intensification of construction in the republic.

He said next year ecological measures will be strengthened. The President initiated declaring 2010 the year of ecology.

The Head of State expressed satisfaction with the outcomes of nine months and stressed the necessity of continuation of the work “to ensure national interests of our people”.

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