Contact Group supports disengagement of forces in Donbass — officialWorld October 26, 19:32
IOC strips Russian runner Volkova of 2008 Olympics bronzeSport October 26, 19:15
Analyst says Russian air strikes in Syria cause 70% slump in militants’ oil traffickingRussian Politics & Diplomacy October 26, 18:44
NATO chief concerned over Russia's actions in SyriaWorld October 26, 18:28
Armed OSCE mission may be deployed to Donbass after security zones set up — diplomatRussian Politics & Diplomacy October 26, 18:18
Diplomat: Humanitarian organizations fail to ensure evacuation from AleppoRussian Politics & Diplomacy October 26, 18:15
First footage of post-Soviet Joint Air Defense System drillsMilitary & Defense October 26, 18:15
Putin says Kerch Bridge will allow to carry up 13 mln vehicles per yearBusiness & Economy October 26, 17:59
Another German delegation gearing up for possible visit to Crimea in JanuaryWorld October 26, 17:42
BAKU, January 09, 22:37 /ITAR-TASS/. Investments in Azerbaijan’s economy in 2013 reached 28 billion U.S. dollars, Azerbaijani President Ilham Aliyev said at a government meeting on Thursday.
He noted that the country’s strategic currency reserves in 2013 for the first time exceeded 50 billion U.S. dollars, or 70 percent of the GDP. The Gross Domestic Product grew by six percent. The growth in the oil sector was 9.8 percent. Monetary incomes of the population went up by eight percent, inflation was 2.4 percent.
In 2013, as many as 110,000 new jobs were created in the country, and unemployment went down to five percent. The poverty rate was 5.3 percent. Azerbaijan’s foreign debt was eight percent of the GDP, which “is one of the best indices in the world,” Aliyev noted.
Among the tasks for 2014, the president cited efforts to maintain macroeconomic stability and low inflation rates, to expand the state investment programme, and to continue the programme of support to businesses.