The private sector is gradually becoming the engine of Azerbaijan’s economy, Executive Director of the Center for economic reforms and communications Vusal Gasimli told reporters May 5.

He noted that the private sector played an important role in increasing the country’s non-oil exports.

“Last year, Azerbaijan’s non-oil exports grew by 35 percent. The private sector made a big contribution to this growth, as 70 percent of non-oil exports fell to share of the private sector,” Gasimli said.