President Ilham Aliyev signed on July 13 a decree "On additional measures to improve favorable business environment and the country's position in international rankings."
In order to achieve these objectives, a special commission has been created, led by Deputy Prime Minister Yagub Eyyubov, and its secretariat.
The Commission is asked to prepare within two months proposals on improvement of legislation and administration to:
- create a business environment based on competition principles, which will ensure optimum profitability of business;
- improve the country's investment attractiveness;
- improve the country's position in international rankings.
The Commission will present proposals for the adoption of the necessary measures in these areas.
To achieve these objectives the Commission is allowed to attract local and foreign experts, specialists and research institutions, and set up working groups. ---08D
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review