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.