16:53 - 10.11.2021

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November 10, Fineko/abc.az. The total amount of finances required for the implementation of the Socio-Economic Development Strategy, with the exception of financing for the occupation-liberated territories, is about AZN 20 bn, and AZN 10.8 bn account for the State Budget. ABC.AZ reports that Economy Minister Mikail Jabbarov said this at today’s meeting of the Parliamentary Committee on Economic Policy, Industry & Entrepreneurship. According to the minister, in case of successful implementation of the draft strategy in the country in 2022-2026, it is expected average annual GDP growth rate of 3.9% and in the nonoil sector at the level of 5%.