Shahin Mustafayev: Azerbaijani economy increased by 2.4% in first half of current year
  • ECONOMY

  • 17:58 14 August 2019

Shahin Mustafayev: Azerbaijani economy increased by 2.4% in first half of current year

“The economy of Azerbaijan has increased by 2.4% in the first half of the current year”, said Minister of Economy Shahin Mustafayev during his speech at the board meeting, Azerbaijani Ministry of Economy told ONA.

According to him, the increase is 3.2% in the non-oil sector, 15.7% - non-oil industry, more than 20% -trade turnover, 15%- exportation of non-oil products, and 13% - production of agriculture outputs.

More than $ 6 bln has been invested in the economy of the country, that most part of this is the non-oil sector. It was noted that Azerbaijani currency reserves amounted to $  49 bln by reaching record limit. In the first 6 months of the current year income of the population increased by 6,6%, inflation was 2,5%.

Huseyn Veliyev

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