"We have been able to significantly reduce poverty," said President of the Republic of Azerbaijan, Chairman of New Azerbaijan Party Ilham Aliyev at the event marking the 30th anniversary of the establishment of the New Azerbaijan Party (YAP) at the Heydar Aliyev Center, APA reports.
"Even though poverty did increase a little during the pandemic, as a result of the work done during the post-pandemic period and the regular increase of the minimum wage and minimum pension, we are keeping it around 5 percent. This is a very good indicator worldwide. Here, transparency in both state policy and in the economic and financial sector, as well as improvement of the business environment, the attraction of local and foreign investments to the non-oil sector, will be one of the key factors," noted head of state.
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