In 2020, along with the oil and gas industry, significant growth of the non-oil sector is also expected in Azerbaijan, the country's Economy Minister Mikail Jabbarov said at the discussion of Azerbaijan’s state budget for 2020 in the parliament.
As a result of the comprehensive measures next year, an increase of 8.8% is forecasted in the non-oil sector, the minister said, noting that in order to implement these forecasts next year, it is important to improve the business environment, suspend inspections in the field of entrepreneurship and continue implementing other measures, Trend reported.
Thanks to the ongoing work in the non-oil sector, there has been an increase from year to year, Mikail Jabbarov noted, adding that continuation of this trend is expected in subsequent years as well.
Mikail Jabbarov: growth in Azerbaijan’s non-oil sector expected
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