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BAKU: Dynamic Development of Azerbaijan and Political Stability

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  • BAKU: Dynamic Development of Azerbaijan and Political Stability

    TREND
    17.09.2006

    Dynamic development of Azerbaijan and political
    stability promote increase of country's rating - chair
    of parliamentary commission on economy

    Source: Trend
    Author: A.Ismayilova

    16.09.2006

    `Azerbaijan participates in global projects and
    interests towards the county increases constantly. The
    Country improves its legislative basis, political
    stability and different factors promote increase of
    rating,' Ziyad Samedzade, the head of the permanent
    preliminary commission on economic policy, told
    Trend.

    Sovereign rating issued by Moody's Investor Services
    on 14 September is higher by one level the rating by
    Fitch Ratings and lower by one level than the
    investment level. Moody's issued Azerbaijan Ba1
    rating.

    However, there are some organizations that demonstrate
    tendentious views.

    For instance, the United States has an organization
    that puts Azerbaijan below Armenia for the level of
    economic freedom. It is not real. All are well known
    about the investments, budget and living conditions in
    Armenia. We don't deny that Azerbaijan has problems,
    while comparison is biased,' he stressed.
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