Azerbaijani President Ilham Aliyev chaired on Monday a meeting dedicated to solving economic and social issues in the country.
President Ilham Aliyev said that as a result of the sharp decline in oil prices in 2015, oil-exporting countries have encountered difficulties and this process is still ongoing.
Over the past year, oil prices have fallen four times, resulting in a decrease in the country’s revenues, President Aliyev said, noting that the government is taking necessary steps to overcome this situation and Azerbaijan has suffered the minimum loss compared to other oil-producing countries.
Azerbaijani president chairs meeting dedicated on economic and social issues
18 January 2016
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