Ilham Aliyev: "Azerbaijan's monetary reserves will reach $20 bln by the end of the year"

"Azerbaijan's monetary reserves will reach $20 bln by the end of the year. In the near future the assets of the State Oil Fund will make hundreds of billions of US dollars and will be preserved for future generations".

Day.Az reports with reference to Azadlyg radio that the said announcement was made by President of Azerbaijan Ilham Aliyev at today's session of the parliament, dated to the 90th anniversary of Milli Medjlis.

I.Aliyev announced that Nagorno Karabakh conflict settlement is possible in the framework of Azerbaijan's territorial integrity.

The President noted that the talks on the status of Nagorno Karabakh may start following the liberation of the occupied lands and return of refugees to their native lands.

"Foundation of today's Azerbaijan was laid in this very building", said the head of state.

Aliyev noted that all branches of Azerbaijan power function as a single team.

/Day.Az/