Ziyad Samedzade: “Azerbaijan economy finished the transition period”

6 Oktyabr 2010 01:53 (UTC+04:00)

"Azerbaijan economy finished the transition period". As SIA reports head of committee of economical policy of Milli Mejlis Ziyad Samedzade spoke about it. He said that Azerbaijan changed from planned administrative system to free market economics: "Note that the indicators of private sector have been minimized. At the moment 80 percent of GDP fall to the share of private sector". Saying that there are problems in development of Azerbaijan economical potential Z.Samedzade connected it with the aggressive policy of Armenia: "In comparison with the economy of other developing countries it seem that they are in front of us, because age of free market in Europe is 200 but in Azerbaijan 20. Also Armenia occupation of 20 percent of Azerbaijan soils stays in the way of development of Azerbaijan economy. But nevertheless as the result of reforms the poorness in Azerbaijan decreased from 49 percent to 11".