CAERC Reveals Potential Of Non-Oil GDP In Azerbaijan's Liberated Territories
Date
11/4/2022 5:07:20 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 4. Economic activity
on Azerbaijan's liberated territories will add three percent to
Azerbaijan's GDP, and 5.1 percent - to non-oil GDP, Executive
Director of the Center for Analysis of Economic Reforms and
Communications of Azerbaijan (CAERC), Professor of Economics Vusal
Gasimli said on November 4, reports.
Gasimli made the remark during a scientific-practical conference
dedicated to the anniversary of Azerbaijan's victory in second
Karabakh war.
According to him, the agricultural sector will increase
production in the country by 10.1 percent, and the mining sector -
by 5.2 percent.
'We also expect growth in the processing industry by 4.3
percent, the tourism sector - by 5.5 percent, transport services -
by 4.9 percent and in other areas - by about 1.4 percent,' the
executive director added.
The scientific-practical conference held at the Azerbaijan
University of Architecture and Construction was attended by
representatives of local universities, scientific organizations and
specialized institutions.
Rector of the Azerbaijan University of Architecture and
Construction, Professor Gulchohra Mammadova, head of the
Azerbaijani Parliament's Committee on Labor and Social Policy Musa
Guliyev, and Deputy Chairman of the State Committee on Urban
Planning and Architecture Ilgar Isbatov made presentations at the
event.
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