İs shadow economy makes 9% in Azerbaijan?

İs shadow economy makes 9% in Azerbaijan?

The statement came from chairman of the State Statistical Committee of Azerbaijan Arif Veliyev. He said shadow economy includes illegal production and arms sale, drug sale, prostitution. “Though Azerbaijan also produces arms, there is no illegal trade here”, Veliyev said.

He said shadow economy in Azerbaijan mostly include unregistered productions and provision of definite services, as well as home bakery, private lessons and so on.  He also announced that the data for 2012 is not ready yet and will be declared later.

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