The head of state noted that the currency reserves increased $1 billion in the first quarter: “Today, our currency reserves make up $38.5 billion. This is the key issue. The trade turnover grew 15%, export about 50% and non-oil export by 10%. But import decreased 17%.Decrease of import and sharp increase of export ensure our economic stability. Positive balance of trade turnover makes up $1 billion. These indicators clearly reflect our economic development. We’ll strengthen our economic potential in the future too”.
President Aliyev noted that 85,000 jobs were launched in the reporting period: “Launch of new jobs continue not only in the state sector, but also in the private sector. Over 40,000 jobs were launched in the private sector. This manifests economic development”.
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