President Ilham Aliyev: Over $6 bn invested in Azerbaijani economy for 1st half of 2019


August 1, Fineko/abc.az. The trade turnover of Azerbaijan showed sufficient growth of over 20%, nonoil export increased by 15% and more than $6 bn was invested in the domestic economy for the first 6 months of 2019, said President Ilham Aliyev at a Cabinet Ministers’ meeting on the socio-economic sector held yesterday.

The head of state pointed out that most of those investments were made in the nonoil sector.

"Inflation makes up only 2.5%. And this is a good indicator, the income of the population increased by 6.6%. Budget revenues from the Ministry of Taxes and the State Customs Committee grew more than by AZN 440 million. This means collection above the target plan, and is a manifestation of the ongoing reforms," President Aliyev said.