President: Successful development of the Azerbaijani economy is a global phenomenon

Baku, April 28 (AzerTAc). “Over the last seven years, about one million new jobs have been created in Azerbaijan, and the overwhelming majority of them have been created in the non-oil sector. In general, the successful development of the Azerbaijani economy is a global phenomenon,” President Ilham Aliyev said at the annual general assembly of the National Academy of Sciences.
The President said “economic growth in our country has been at a high level in our country in recent years, and we take first place worldwide in this indicator. Along with that, the comprehensive development of the economy is valued by international financial organizations.”
The Head of State pointed out “all of Azerbaijan`s international ratings are increasing. These indicators were at a high level even in the crisis years 2009-2010. Along with that, while determining our long-term development strategy we should definitely rely on a strong scientific base. We should rely on strong scientific bases while determining the future directions of our economic development. Correct predictions should be made here. We should deal with these issues not only in the process of implementing the five-year program, but we should also look to the distant future – how will Azerbaijan develop after 20 or 30 years?!”
According to President Aliyev “strong potential should be created in Azerbaijan to ensure that our country`s development is long-term, successful and sustainable. We are gradually reducing our dependence on the oil and gas factor. Certain work has already been carried out in this direction. In the future, we should create a multifaceted economy, relying on scientific foundations and establishing our model of sustainable development. Scientists should have their say here, of course. Along with the government, we should strengthen this cooperation with government agencies. Therefore, special attention should be paid to the work being implemented in this sphere.”
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