Ali Asadov: Modern Azerbaijan achieved great success over years of independence

By Trend

Ali Asadov, whose candidacy was approved for the post of Prime Minister of Azerbaijan at today's plenary meeting of the Parliament, expressed appreciation for the trust placed in him, adding that he would justify it, Trend reports.

Ali Asadov noted that modern Azerbaijan has achieved great success over the years of independence.

"Under the leadership of President Ilham Aliyev, the economy of Azerbaijan has passed a titanic path of development. Under the leadership of the head of state, a number of global projects have been implemented. The non-oil sector is developing. Azerbaijan has entered the family of space countries," Asadov said.

"The grandiose success achieved is the result of the activity of President of Azerbaijan Ilham Aliyev. Over this period, the country's GDP grew by 3.3 times, the volume of investments in the economy reached $270 billion, the poverty level dropped to 5 percent, the unemployment rate dropped to 4.9 percent, the country's strategic foreign exchange reserves grew by 26 times and reached $49 billion. At the same time, the population in 2019 reached 10 million people," Asadov added.

"Under the leadership of the head of state, megaprojects such as Azeri-Chirag-Guneshli, Shah Deniz, Baku-Tbilisi-Ceyhan, Baku-Tbilisi-Erzurum, the Southern Gas Corridor, Baku-Tbilisi-Kars have been implemented. Along with this, directing oil revenues to the non-oil sector contributes to serious success in the development of this sector. GDP in the non-oil sector grew by 2.8 times, while non-oil industry grew by 2.4 times."