Azerbaijani Economy 5 november — 14:30

Economy minister on growth of non-oil industry


In 2020, in Azerbaijan, along with the oil and gas industry, a significant growth of the non-oil industry is expected. As a result of comprehensive measures taken, an increase of 8.8 per cent is forecast in the non-oil sector for the next year. Minister of Economy Mikayil Jabbarov said this during today's discussion in the parliament of the state budget of Azerbaijan for 2020, Trend Agency reports.

The minister noted that in order to implement these forecasts, the improvement of the business environment, the suspension of inspections in the field of entrepreneurship and the continuation of other measures next year are important.

According to Jabbarov, thanks to ongoing work in the non-oil sector, there has been an increase from year to year: 'This trend will continue in the coming years.'

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