Azerbaijan, Baku, May 25 / Trend /
The impact of the global economic crisis on Azerbaijan is temporary, said the President of Azerbaijan Ilham Aliyev during his speech before the residents of Ganja, where he visited, AzTV television channel reported.
"The economic crisis that covered the entire world influences Azerbaijan as well. But we are trying to minimize this impact. On the other hand, the available forces and economic potential of Azerbaijan give a ground to say that this is temporary," said the President.
"We are concerned by the temporary shutdown of large enterprises. I believe that soon these companies will restore their activities. People who work there are provided by the State, their wages are paid and will be paid," said the President.
President Ilham Aliyev appreciated the fact that despite the crisis, the construction work continues in Azerbaijan.
The President appreciated the implementation of state program "On the social-economic development of regions" in the last five years and said that a new program for the next five years has been prepared.
"The main sector of our economy is energy. In connection with the decline in oil prices, oil exporting countries, including Azerbaijan, were faced with some difficulties. Despite that all of the social programs are implemented and the infrastructure projects continue. The crisis has had also positively impact on Azerbaijan, consumer prices fell. The employees of budgetary institutions receive their salaries in time, pensions are paid. Their sizes are increasing from year to year and will grow. During these months, also the economy has grown. During the worldwide economic decline, there is growth in Azerbaijan in this sphere", said the President.