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Azerbaijani citizens not to feel oil price decrease on world market – Ilham Aliyev

Azerbaijani citizens will not feel the oil price decrease on the world market, Azerbaijani President Ilham Aliyev said during the opening ceremony of the first All-Republican Forum of ASAN Volunteers in the Heydar Aliyev Center in the Sabirabad district.

“The oil prices have sharply decreased,” the president said. “Has anyone felt this in Azerbaijan? No, and no one will feel this because we have a powerful economic basis.”

President Aliyev went on to add that AZN rate is stable.

“This testifies to the fact that Azerbaijan also has economic power, a well thought-out policy and a social policy,” the president said.

“Perhaps, stable AZN rate is not a very positive factor for our export potential,” President Aliyev said. “But this is a social issue. And this must be this way.”