Minister: Azerbaijan’s currency reserves reach $39B

Minister: Azerbaijan’s currency reserves reach $39B
# 08 June 2017 11:09 (UTC +04:00)

According to him, in four months 2017 the non-oil industry grew 2.8%, agriculture – 3.2%, trade turnover – 11.5%, export – 41%, non-oil export – 23%: “Currency reserves increased $1.3 billino to $39 billion. As of April 1, 2017 the currency reserves exceeded external debt by 3.2-fold. Azerbaijan has ranked 37th in the Global Competitiveness Report 2016-2017 among 138 countries, 1st among CIS countries”.

Mustafayev added that socio-economic policy under the chairmanship of Azerbaijani president basically aims to develop human capital.

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