“Our main revenues come from oil, prices of which have fallen four times. In fact, the post-oil period began in the country,” said Rustamov.
Azerbaijan is not dependent on oil, but we need such oil economy that will ensure our security, he added.
“Some 80,000 people are employed in the oil sector. About 4.8 million of people are able to work in Azerbaijan. Today we have to fill our budget with revenues from the non-oil sector. In fact, the post-oil period, which was expected in 30-40s, began 25 years early,” Rustamov said.
“We have to gain significant dynamics of development to avoid backsliding,” he said.
More about:
