Mikayil Jabbarov: Share of non-oilsector in GDP exceeds 70%

Tural Ibadli
Post's author

"The share of the non-oil sector in GDP in Azerbaijan surpasses 70%," said Azerbaijani Economy Minister Mikayil Jabbarov.

Jabbarov added that the economy is being diversified in Azerbaijan:

"In accordance with the instructions of President Ilham Aliyev, measures are being taken to diversify the country's economy," he said.

Latest news

Ukraine, Lithuania to produce drones, electronic warfare under new MoU 5 November, 2024 / 20:19
Budapest might host OTS informal summit in 2025 5 November, 2024 / 20:02
27 business entities get residency in Azerbaijan's industrial zones in Jan.-Oct.2024 5 November, 2024 / 19:43
Romanian university hosts event on initiatives put forward by Azerbaijan's COP29 Presidency 5 November, 2024 / 19:26
EU Council: Azerbaijan has strong political will to fight climate change 5 November, 2024 / 19:06
39 rockets, UAVs fired from Lebanon into Israel 5 November, 2024 / 18:55
Azerbaijan's energy initiatives within COP29 framework presented 5 November, 2024 / 18:44
Moratinos: Azerbaijan has done excellent organizational work to ensure COP29's success 5 November, 2024 / 18:29
Michael Jordan collectibles sell for $8.5 million at Sotheby's auction 5 November, 2024 / 18:11
Global Witness and BBC against COP29: New media attack in planning 5 November, 2024 / 18:00
Capital expenditures for Shah Deniz field up by 11% 5 November, 2024 / 17:53
BP and partners significantly reduce social spending in Azerbaijan 5 November, 2024 / 17:39
Tourist flow to Azerbaijan up by 28% 5 November, 2024 / 17:36
Baku prepares for spectacular Victory Day concert and fireworks display 5 November, 2024 / 17:32
BP Azerbaijan discloses ACE production volumes remaining months of 2024 5 November, 2024 / 17:28