Due to the difficulties caused by occupation of our territories by Armenia, Azerbaijan was receiving humanitarian aid from international community during the early period of its independence. Later Azerbaijan itself became a donor country. Overall, Azerbaijan provided financial and humanitarian assistance to nearly 120 countries during the last 15 years, said President of the Republic of Azerbaijan Ilham Aliyev in his speech in a video format at the meeting of Heads of State and Government on “Financing the 2030 Agenda for Sustainable Development in the Era of COVID-19 and Beyond”, APA reports..
The COVID-19 pandemic has had a negative impact on all the countries of the world. Millions of people are expected to be pushed back into extreme poverty.
Pandemic has affected our economy as well. Despite the decrease in the state revenues during the pandemic period the government has allocated fund around 3% of GDP to the protection of jobs, economic growth and the public health.
In order to counter the negative impact of pandemic the socio-economic stimulus package worth over 2 billion USD has been released to ensure economic stability, tackle unemployment issues, and ensure macroeconomic and fiscal stability. The social relief measures cover nearly 5 million people, which is a half of our population.
Funding for the fight against the pandemic was provided only from domestic sources, without any external financial support. In addition, Azerbaijan has provided humanitarian and financial assistance to more than 30 countries with respect to COVID-19, the President noted.