Inconsistency of Economic Realities to Government"s Statements

We can talk about non-compliance of real growth of the economy of Azerbaijan with the optimistic statements by the head of state at the recent meeting of the Cabinet of Ministers on the basis of socio-economic development in 2014 and the upcoming challenges. In fact, the main part of his statement is that "of course, this year our revenues will be reduced, therefore the state structures must also behave responsibly. We cannot allow waste of funds. Of course, we will not give our consent to projects that are not a priority. At the same time management principles in every state structure and state-owned companies should be improved. Our state agencies should know the price of funds. I am sure that they are also aware of the true situation and draw conclusions. "

Thus, President Aliyev admitted the constant theft of funds by overstating prices for services and equipment, as well as remuneration for investment projects.

As the Chairman of the Public Association Assistance to Free Economy Zohrab Ismayil told Turan, the discrepancy between the real level of the economy and the government's statements is a common phenomenon. E.g. they said inflation was very low - at 1.4% and the income of the population increased by 4.8%, exceeding the inflation rate by more than three times that has "a positive effect on improving the welfare of the people."

For the country, where more than 60% of the population's incomes are spent on food, this trend is even more obvious. The reason is the monopolization of imports of popular types of goods as well as local production, he said. --17B—