BAKU, Azerbaijan, January 5. Our entire policy
is both socially and investment-oriented, President of Azerbaijan
Ilham Aliyev said during an interview with local television
channels on January 5, Trend reports.


"There must be a very delicate balance, an equilibrium between
the two,” the head of state added.


Noting that Azerbaijan, by carrying out economic reforms and
implementing oil and gas projects, primarily channeled the obtained
revenues into the social sphere, the head of state said: “During
the occupation, our main expenses were associated with the
military, then with education, then with the internally displaced
persons. That is, during the occupation, we provided more than
300,000 internally displaced persons with new houses and
apartments, more than 100 settlements were built.”


“The violations that existed in this area in the past are being
eliminated, injustices are being rectified, and a transparent
mechanism is being put in place. This has given us the opportunity
to implement several major social reform packages. To be more
exact, five social reform packages have been implemented over the
past seven years. These reforms have covered 4 million people,
amounting to approximately 8 billion manats,” the Azerbaijani
President emphasized.