The Ministry of Finance issued a socio-economic forecast for 2013

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-

 

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