2.2 million citizens of Azerbaijan to get social initiatives of the state

15:57 - 25.02.2019


February 25, Fineko/abc.az. Azerbaijan has been working over a serious social package for already several months.

Azerbaijani President Ilham Aliyev stated at the meeting on economic and social issues that if to analyze all the initiatives, including the number of citizens with problem loans, about 2.2 million people will benefit from those initiatives.

"This is a very serious package and our financial capabilities allow us to implement them. Country’s economic growth depends on the solution of social issues and this is natural. The announced serious economic and social reforms make it possible to allocate additional financial resources to improve the welfare of citizens," the president said.

He added that in January country's GDP grew by 3% and this is the highest figure for the last 2-3 months. This means that high rate of growth of Azerbaijan's economy will be ensured in 2019.

"The growth of the non-oil industry in January made up 14% and this is one of the highest rates in the world. The economic and macroeconomic situation in the country is stable, the exchange rate of the manat has been remaining stable for more than a year, and inflation is at its lowest level. Serious economic reforms will be carried out and deepened in the next months of 2019," President Aliyev said.

 

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