On February 12th President Ilham Aliyev chaired a conference on results of the 4th year of implementation of the “State Program for socio-economic development of the regions of the Republic of Azerbaijan in 2009-2013” at the Baku Business Center.
The Head of State first viewed an exhibition at the center reflecting what was done in the country`s regions under the 2003-2012 program.
The President was informed that Azerbaijan`s Gross Domestic Product grew three-fold in 2003-2012, including 2.4-fold in the non-oil sector, while average monthly wage increased 5.1-fold. The Head of State was also told that the country`s currency reserves grew 28.8-fold during this period to reach $46 billion.
President Ilham Aliyev made opening remarks at the event.
Speakers at the conference included economic development minister Shahin Mustafayev, head of Shaki Executive Authorities Elkhan Usubov, founder of Aghdam Cattle Breeding Farm Fuad Ayyubzade, head of Masalli Executive Authorities Rafil Huseynov, Director General of Maize Processing Plant in Oghuz region Vagif Huseynov, head of Barda Executive Authorities Vidadi Isayev, Executive Director of juice and wine factory of Az-Granata Ltd. in Aghsu Rovshan Farhadov, and head of Aghstafa Executive Authorities Maharram Guliyev.
President Ilham Aliyev then made closing remarks.

AzerTAc