Nearly $200B invested in Azerbaijan’s non-oil sector over past 30 years

Finance
  • 05 October, 2023
  • 08:00
Nearly $200B invested in Azerbaijan’s non-oil sector over past 30 years

Over the past 30 years, over $300 billion have been invested in the economy of Azerbaijan, of which nearly $200 billion have fallen to hte share of the non-oil sector, the Chairman of the Milli Majlis Committee on Economic Policy, Industry and Entrepreneurship, Tahir Mirkishili, said a today’s committee meeting, Report informs.

“In addition, over the last 20 years, the economy of Azerbaijan has grown 4 times, the revenues of the state budget have increased more than 30 times, and the foreign trade turnover of the country has increased 10 times,” he said.

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