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Tuesday, 25 October 2016


Global crisis skirted Azerbaijan

2010-10-12 14:00

According to Oktai Asadov, the Speaker of Azerbaijani parliament, global economic crisis didn't impact the republic's economy much -


"The real growth of GDP this year will amount up to 6 per cent, growth of non-oil sector will three times exceed the growth of oil sector, which witnesses the correctness of Azerbaijan's oil strategy," he noted.

According to Asadov, it's reflected in high tempos of economic growth and allows planning expansion of budget-2011 expenditures by 5 per cent.

By Speaker's estimation, budget income from non-oil sector must increase by 8 per cent.


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