Global economy fails to get out of crisis

  26 January 2016    Read: 1094
Global economy fails to get out of crisis
The implementation of the “State Program on socio-economic development of districts of the Republic of Azerbaijan for 2014-2018” continues successfully, Azerbaijani President Ilham Aliyev said on Jan.26.

The president made the remarks at the conference dedicated to outcomes of the second year of implementation of the “State Program on socio-economic development of districts of the Republic of Azerbaijan in 2014-2018”.

According to Aliyev, the global economic crisis has deepened and the global economy cannot get out of crisis. “In Davos, I witnessed that the global economic crisis will further continue,” he said.

Azerbaijan has implemented all the projects planned for 2015, the president said. “This is a great success, because clashes are going on in the region, Europe is going through a new crisis and the situation of migrants is becoming worsening. The people who lost their homes and property leave for Europe and their situation there is obvious. The migrant crisis is fortifying the radicalism in Europe,” he added.

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