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Azerbaijani President: Increase of salaries and pensions is expected this year

“Azerbaijan is developing. Construction work is being done in all regions. Azerbaijan is moving forward with confidence. All the tasks lying ahead are being fulfilled. All investment projects are being implemented. Social problems are solved. I want more rapid development,” Azerbaijan’s President Ilham Aliyev said while meeting the people in Salyan on April 29.

12:28 / 01.05.2010 The head of state underlined that there is no country developing more rapidly than Azerbaijan.
“Not only now, but also within the past 5-6 years Azerbaijan has developed most in the world. It allowed us to solve a great part of the problems. But we should not content ourselves with these achievements. There are a lot of issues to be solved. All the problems of our country should be solved. I want this and we are taking very significant steps for this. There are already good results, we should ensure the development of the country due to the development of the regions. This is the main target now. The situation in the region should be close to the situation in big cities,” he said.

According to President, good conditions have been created for entrepreneurship in the country, loans and subsidies are given and the state offers support.
“As a result of the implementation of the State Program on the socio-economic development of the regions, the potential of entrepreneurs have increased. Entrepreneurs are increasing the volume of the investments made in the country. This is a positive case. I am very glad that the majority of the investments made in Azerbaijan are ensured at the cost of the local sources. In the previous years we were dependent more on foreign investments. Now, this dependence has minimized. There is a class of entrepreneurs having great financial means in Azerbaijan. The conditions in the country encourage them to make investments in the economy. It is a very positive case that the money made in the country is invested in Azerbaijan’s economy, local production. In the previous years we were more dependent on the import. Now we are exporting. We export not only fruits and vegetables, but also other products. The state of entrepreneurship is very good in Azerbaijan. The potential of entrepreneurs will increase year after year, their investment in the country’s economy will also rise. Taking into account that the state gives financial support in the form of loans, subsidies, the development in this sphere will be successful,” he said.


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