Yesterday approved were the main lines of the strategic roadmap of basic sectors of the national economy.
According to the presidential decree, a working group preparing the strategy plans will be headed by his assistant on economic reforms Natig Amirov. Drafters of the Economic Development Strategy for the 2016-2020 years, the long term vision to 2025, and definition of the project objectives after 2025 are required to submit their projects to the head of state for six months.
The Roadmap is divided into 8 main sectors: petrochemicals, agriculture, consumer goods, heavy industry and engineering, tourism, logistics, along with trade, affordable housing and training.
The infrastructures include ICT, financial and public services with a view to full privatization. --17D-
Economics
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Azerbaijan’s Milli Majlis ratified the second amendment to the agreement on the joint development of the Azeri-Chirag-Gunashli (ACG) oil and gas block during its plenary session on Wednesday. The bill was submitted to parliament as a legislative initiative by President Ilham Aliyev.
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The 104th meeting of the Commonwealth of Independent States (CIS) Economic Council was held in the Russian capital, with representatives from member states discussing enhanced economic collaboration and key regional initiatives. Azerbaijan was represented by First Deputy Prime Minister Yagub Eyyubov.
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Azerbaijan’s Information and Communication Technologies Agency (IKTA) reported significant improvements in the quality of internet and telecommunications services in the first half of 2024, driven by a comprehensive assessment framework and enhanced regulatory measures.
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In 2024, Azerbaijan will double its gas supply to Bulgaria, which not only uses this gas for its own needs but also partially sends it to its Balkan Gas Hub and, by agreement with SOCAR, organizes the transit of various volumes to its neighbors.
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