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BAKU: 2008 State Budget Will Enable to Resolve All Facing Tasks

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  • BAKU: 2008 State Budget Will Enable to Resolve All Facing Tasks

    Trend News Agency, Azerbaijan
    Jan 1 2008


    Azerbaijan's 2008 State Budget Will Enable to Resolve All Facing
    Tasks: President
    01.01.08 15:19

    Azerbaijan, Baku /Trend/ Azerbaijan has been holding the leadership
    in the world for the economic growth for already three years. This
    figure made up 25% in 2007, said the President of Azerbaijan, Ilham
    Aliyev, in his New Year congratulation to the Azeri people.

    According to him, the budget expenses are increasing each year and
    they rose by ten times compared to 2003. ` Azerbaijan's 2008 Public
    budget will total AZN 12bln which will enable to resolve all facing
    tasks,' Aliyev said.

    According to the President, some 600,000 new workplaces, with 460,000
    permanent, have been opened in Azerbaijan within the State Regional
    Development Program in Azerbaijan.

    Aliyev said that the Country's dependence on oil and gas industry is
    decreasing, as well as the social direction of the budget investments
    is being maintained.

    In 2007 the minimal wages and pensions were increased, and from 1
    January 2008 the minimal wages will amount to AZN 60. This growth
    dynamic is not satisfactory and will continue in the future as well,
    Aliyev said.

    According to Ilham Aliyev, the allocation of the social investments
    will be continuing in 2008 as well. He said that over the past four
    years, some 1200 new schools have been constructed and thousands of
    educational institutions have been repaired in the Country.

    Highlighting the largest successes, the President said that in 2007
    Baku-Tbilisi-Ceyhan began working practically with its full capacity,
    Baku-Tbilisi-Erzurum gas pipeline commenced functioning and the
    construction of Baku-Tbilisi-Kars railway started.

    Ilham Aliyev regretfully stated that the talks in 2007 on peaceful
    settlement of the Armenian-Azerbaijani Nagorno-Karabakh conflict did
    not yield successful results due to the unconstructive position of
    Armenia. `We will never go to compromise breaking Azerbaijan's
    territorial integrity and will never agree with the independence of
    Nagorno-Karabakh. All Azerbaijani territories occupied by Armenia
    should be released and the Azerbaijani refugees and internally
    displaced persons should return to their Native Lands,' the State
    Head said. According to him, the second Armenian state will never be
    allowed to be established in Azerbaijan's territory.

    In addition, Azerbaijan is increasing its military potential.
    According to Aliyev, the military expenses in 2007 Public budget
    totaled nearly AZN 1bln and in 2008 this figure makes up AZN 1.2bln.
    `We should always stand ready to release occupied Azerbaijani lands,'
    Aliyev said.

    Moreover, the President expressed his congratulation on Solidarity
    Day of the World Azerbaijanis and voiced his confidence that in 2008
    works will be continuing on establishment of a strong independent
    State.
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