President: We are trying to alleviate this global crisis with social projects and social programs for our people

"The world is still just adjusting to the post-pandemic era. A sharp price increase is observed in many countries, including Azerbaijan. As our economy is a part of the global economy, it is a pity that we have been affected by these negative impacts," said President Ilham Aliyev as he was interviewed by local TV channels, Report informs, citing AZERTAC.

"However, we are trying to alleviate this global crisis with social projects and social programs for our people. The very extensive social package I recently signed shows this again. In other words, if a country that has just come out of the war, with 20 percent of its territory completely destroyed, allocates so much funds to the social sector, it means that our social policy remains unchanged and, of course, it shows our economic power," the head of state noted.