Reported by the Ministry of Economic Development

From January to October, the GDP of Azerbaijan rose by 5.4% , with growth achieved through the development of non-oil sector. Foreign trade turnover increased by 5.7% - Minister of Economic Development Shahin Mustafayev at a meeting of the Cabinet of Ministers on the results of socio -economic development in the first nine months of 2013 and the upcoming challenges.

He noted that the state budget revenues compared to the same period last year increased by 14.4 %, and the tax revenues from the oil sector - by 11.3 %. There is implemented infrastructure, including the construction and reconstruction of roads, to improve people's power, gas, heating, water and sanitation, improvement districts, etc.

Performance of 11 of the 19 projects launched in the past year related to the repair, rehabilitation and reconstruction of rural roads that are of particular importance in the development of the regions, completed this year. 162 settlements provided with gas, commissioned four plants. In order to ensure continuous population and the quality of drinking water and improved sanitation services have begun to relevant papers in 16 cities and regional centers supplying drinking water, - the minister said.

According to him, during the reporting period in the region are open 260 industrial, agricultural enterprises, as well as the structure of services and trade in the regions, the number of businesses and tax revenues. During this period, built and repaired 198 schools, 35 kindergartens, 19 health facilities, 27 cultural sites and 19 youth and sports facilities. Commissioned in factories producing cement, transformers, electrical equipment, pipes, bricks, glassware , metal , ceramic tiles, parks and textile factories for processing of paper and paperboard production , dyeing fabrics . The activities of these enterprises will greatly reduce dependence on imports to meet domestic demand through local production , increase export potential , - he said.

In the framework of the relevant state programs in the city of Baku and its suburbs implemented projects in the field of transport , gas, power, water , sewage , etc. , taken to the development of social infrastructure . Continued development of non-oil industries, opened the country's first shipyard, operated Sumgait Chemical Industrial Park.

By NFES 3527 entrepreneurs will get favorable loan worth more than 245 million manat , which will provide more than 10 200 new jobs. Thus 70 % of the loans account for regions , 67% - on the agricultural sector , 33 % - for the production and processing of industrial products. By loans that are returned by the end of the year, employers plan to issue additional loans amounting to 30 million manat , thus issued before the end of the year would amount to 275 million manat . During this period the incomes of the population, compared to the same period last year, an increase of 7.6% and amounted to 25.4 billion manat, and the average monthly wage increased by 7.4 % to reach 417 manat - the minister added.

Mustafayev said the state authorities provide 426 types of services in electronic form. Expansion of ASAN Khidmet also contributes to the development of entrepreneurship. - 17D-

 

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