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Azerbaijan reaches all 2011 objectives – President Aliyev

January 01, 2012, 9:56 UTC+3

Among the successes of Azerbaijan in 2011, the president named growth of the nation’s wellbeing and important achievements in the energy sector

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BAKU, January 1 (Itar-Tass) —— The year 2011 was successful for Azerbaijan, the country’s President Ilham Aliyev said in his New Year address to the nation.

Aliyev stressed that “all basic tasks, which Azerbaijan faced, were reached.” “We have assured successful economic growth of Azerbaijan. It is very positive that the country’s oil sector grew rapidly in 2011.”

Azerbaijan’s currency reserves are over 40 billion dollars, the president continued. Businesses offered about 100,000 new jobs, and monetary revenues of the nation grew by almost 20 percent, the level of inflation is not over eight percent. Unemployment has reduced to 5.5 percent.

“All these figures let us say that this country is developing very dynamically and successfully,” Aliyev said.

Among the successes of Azerbaijan in 2011, the president named growth of the nation’s wellbeing, important achievements in the energy sector, including opening of new deposits of gas, which grew sufficiently the gas potential of the country, organisation of the 1st international humanitarian forum, which raised the role of the republic in establishment of cultural and civilisation dialogues. Aliyev highlighted election of Azerbaijan in 2011 non-permanent member of the UN Security Council.

“I take it as our biggest victory over the 20-year period of our independence. In the complicated fight we have achieved trust from the entire international community,” he said, adding that over coming two years Azerbaijan “will defend at the Security Council principles of justice.”

Speaking about the Nagorno-Karabakh conflict, Aliyev said that his country will continue diplomatic and political efforts for settlement of the problem.

“We follow a principle position at the negotiations. We shall not deviate from it a single step,” he said stressing that Azerbaijan’s territory integrity should be reconstructed, and the citizens should return to the occupied lands.

“Only after it, long-term peace may be reached,” the president said. “Hopes for negotiations are not over yet, and they should continue.”


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