President: Incomes of population up by about 20 percent

Finance
  • 15 July, 2022
  • 15:40
President: Incomes of population up by about 20 percent
Ilham Aliyev

Azerbaijan's economy increased by 6.2 percent, the non-oil economy by 9.6 percent, the total industrial production in the industrial sector by 2.1 percent, and the non-oil industry by 11.5 percent, President Ilham Aliyev said at the meeting dedicated to the results of the first six months of the year, according to Report.

"These are very good results, and we see these results in real life. Because it allows us to increase wages, increase pensions. The incomes of the population have increased by about 20 percent. It is true that inflation eats up some of this growth, as they say. Inflation is a little more than 12 percent. But this is a general trend in the world," the head of state said.

"That is, this is a general trend and we are part of the world economy," he added.

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