Azerbaijani economy expected to grow over 5% this year: minister

  10 November 2021    Read: 476
  Azerbaijani economy expected to grow over 5% this year: minister

The economy of Azerbaijan is forecasted to grow by more than five percent in 2021, the country's Economy Minister Mikayil Jabbarov said.

Jabbarov made the statement during discussions of the bill "On the state budget of Azerbaijan for 2022" at a meeting of the parliamentary Committee on Economic Policy, Industry and Entrepreneurship, AzVision.az reports.

The minister also reminded about the growth of added value in the non-oil sector from January through September this year.

"In recent years, the government has been pursuing a policy to develop industrial zones. So far, more than 500 documents in the field of investment promotion have been issued in the country. As for public investments, the preliminary bill of the state budget for 2022 envisions impressive funds for this," he added.


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