Shahin Mustafayev: Azerbaijani economy increased by 2.4% in first half of current year

Shahin Mustafayev: Azerbaijani economy increased by 2.4% in first half of current year
  • Clock-gray 17:47
  • calendar-gray 14 August 2019

“The economy of Azerbaijan has increased by 2.4% in the first half of the current year”, said Minister of Economy Shahin Mustafayev during his speech at the board meeting, Azerbaijani Ministry of Economy told APA-Economics.

According to him, the increase is 3.2% in the non-oil sector, 15.7% - non-oil industry, more than 20% -trade turnover, 15%- exportation of non-oil products, and 13% - production of agriculture outputs.

More than $ 6 bln has been invested in the economy of the country, that most part of this is the non-oil sector. It was noted that Azerbaijani currency reserves amounted to $  49 bln by reaching record limit. In the first 6 months of the current year income of the population increased by 6,6%, inflation was 2,5%.

Huseyn Veliyev

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