OFFICIAL NEWS
PRESIDENT OF AZERBAIJAN CHAIRS CABINET’S SITTING DEDICATED TO ECONOMIC RESULTS OF FIRST QUARTER OF 2006
In his opening remarks, President Ilham Aliyev gave full picture of the economic indices in the first quarter in the country. The President pointed at successful economic figures: the GDP has increased by 39 percent. Industrial production has increased by 47 percent, the average monthly wages - by 20 percent, incomes of population - by 18 percent. The average monthly pensions increased by 19 percent.
Thus, quick economic development of Azerbaijan is highly assessed by the international financial structures, he said. Azerbaijan’s dynamic development positively influences on processes in region and strengthens position of the country.
President Aliyev appraised good macro-economic indices to resolve social problems, implement large programs in regions and improve necessary infrastructures.
The President also reported on his official visits estimating them as recognition of Azerbaijan’s true policy on world arena and strengthening its image as a country of peace and stability, with dynamically developing economy.