Azerbaijan sends over $7.6 bln for regional development in 2011

Azerbaijan, Baku, Feb.29 / Trend A.Akhundov / Over 6 billion manat were sent for regional development in Azerbaijan in 2011, Economic Development Minister Shahin Mustafayev said at a conference today. He said over 5,000 enterprises were opened and 94,000 new jobs were created, 72,400 of which are permanent. "In general, as a result of the state program in 2009, 14,700 enterprises were commissioned, 241,000 new jobs were created, 180,000 of which are permanent. Poverty rate dropped to 7.6 percent," Mustafayev said. The official exchange rate is 0.7861 manat to $1 on Feb.29. Do you have any feedback? Contact our journalist at agency@trend.az