Azerbaijan unveils post-oil economic plan

Azerbaijan has revealed a new economic model after oil, where non-oil sectors now account for more than 70% of the gross domestic product. Since independence, the country has attracted over $350 billion in investments, with external debt constituting no more than 6% of GDP, while foreign reserves exceed the debt by a factor of 20. Energy remains a fundamental pillar, with gas exports to 16 countries and plans to strengthen transportation and energy infrastructure, as well as the country's role as a transit hub between Europe and Asia. Additionally, the government has launched programs to support the community, expand solar energy, and develop agricultural and social sectors.

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تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي

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