Azerbaijan Economy Since Independence; Independent View

Azerbaijan Economy Since Independence; Independent View Azerbaijan Economy Since Independence; Independent View The CESD report analyzes Azerbaijan Economy since independence which has been through economic crisis, stability, and rapid development. All these steps taken toward development have been remembered ever since for both their uniqueness as well as their conformity to economic realities: firstly, the recession (1992-1995) recovery (1996-1997),... Read More

Is nonoil sector reached 47% in GDP?

Is nonoil sector reached 47% in GDP? GDP increased in 2011 and a 9.5% growth was achieved in nonoil sector. According to sources in the Ministry of Economic Development, the statement came from Economic Development Minister Shahin Mustafayev, Gun.Az reports. He was speaking at the collegiate sitting on by results of the year. He said the nonoil share in GDP reached 47.3% in 2011. In the same year, foreign investors showed greater attention to... Read More