Ilham Aliyev: Poverty rate has decreased from 49% to 6% in Azerbaijan

During the last 18 years, the poverty rate in Azerbaijan has decreased from 49% to 6%. The unemployment rate in the country is around 6%, Azerbaijani President Ilham Aliyev said at the 15th ECO Summit in Ashgabat, Report informs via Azertag.

“Azerbaijan’s achievements are highly appreciated by international institutions. The Davos World Economic Forum report ranks Azerbaijan in the 10th place for the long-term government strategy and 5th in the world in terms of the leadership’s commitment to reform.

Again, according to the Davos report – Azerbaijan ranks 2nd for electricity supply to the population, 11th for efficiency of railroad services, 12th for efficiency of air transportation services, 25th for efficiency of seaport services, and 27th for quality of road infrastructure.

This April, Azerbaijan signed an agreement with the World Economic Forum to establish Azerbaijan Affiliate of the Centre for the Fourth Industrial Revolution Network. We hope that the Centre will also contribute to the cooperation within the ECO,” President Aliyev said.