In 2013, the Azerbaijani government forecasts economic growth of 5.3%. GDP is expected to reach 56.1 bn. The Ministry of Finance announced the projected socio-economic development of the country in 2013.
The government estimated that the share of non-oil sector, with a growth rate of 11.7% in 2013 with GDP reaching 61.3% (34.4 bn). The production of oil GDP will shrink it to 2.9%.
Income in 2013 to grow by 9.1% and reached 39.7 billion manat or 4,270 AZN per capita, or 1,425 manat more than in 2011. Suffice it to say that the figure will exceed income in 2011 by 14 bn. The main part of these funds is to be ranked as the growth state of representation in the government of oligarchs, according to local experts.
Real wage growth to inflation (forecast - 5.7%) was 3.9%. The government forecast of the average monthly salary at the end of 2013 is 440.3 manat. - 08D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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