Azerbaijani minister for economic development makes 2012 forecast

Azerbaijan is expected to have an inflation level of 6% in 2012, with the average currency rate of manat to dollar – 0.79 manats, APA reports.


Azerbaijani Minister for Economic Development Shakhin Mustafayev said that over 200 enterprises, including 70 industrial ones, will be built. Additional workplaces will be opened.


Chemical industry will increase production by 20.8%, metallurgy – by 16.3% at the Ganca factory, production of construction materials – 9.3%, food production – by 4.1%.


Investments in the non-oil sector are expected to reach 9.3 billion manats in 2012, oil sector – 4.3 billion manats.

2470 views
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.