We used benefits from oil and gas to tackle issues of unemployment and poverty –

BAKU, Azerbaijan, April 24. With respect to
sustainable development and energy, I think our economic
performance and social programs clearly demonstrate that we have
used the benefits from oil and gas to ensure fair distribution and
to tackle issues of unemployment and poverty,” said President Ilham
Aliyev as he addressed the international forum themed “COP29 and
Green Vision for Azerbaijan” organized by ADA University, Trend reports.

“So, when we started our energy cooperation and began to receive
the first revenues from oil sales, the level of poverty in
Azerbaijan was close to 50 percent. So, every second person was
poor, and among the refugees, it was more than 75 percent. So, you
can imagine the situation. So now, we have reduced it to the level
of five percent, and the same is with unemployment,” the head of
state added.