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    Azerbaijan's economy grows 40% in 1Q07 - president

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    BAKU, April 13 (RIA Novosti) - Azerbaijan's economy grew 40% in the first three months of the year, the country's president said Friday.

    "The economy saw a 40% growth in the first quarter. This is a very serious growth which certainly affects the country's image," Ilkham Aliyev said.

    The leader said the average pension in the oil-rich South Caucasus state was $70, the minimum wage almost $60, and that average wages stood at about $200 and would reach $250 by the yearend.

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