Ali Asadov: Azerbaijan's economic growth reaches 4% in the first 11 months of 2024

  16 December 2024    Read: 408
Ali Asadov: Azerbaijan

“During the first eleven months of 2024, Azerbaijan's economic growth reached 4.1%, with the non-oil sector growing by 6.4%,” said Prime Minister Ali Asadov during his speech at the Milli Majlis plenary session on Monday.

The Prime Minister also emphasized that Azerbaijan’s strategic currency reserves have reached $72 billion, while the country’s external debt accounts for just 7.3% of the nominal GDP.

In his address, Ali Asadov further highlighted the successful implementation of the relevant Action Plan approved by the government, which has played a key role in the country’s anti-inflationary efforts.


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