The Head of State suspends inspection business for 2 years
On November 1 will stop for two years the inspections of entrepreneurs. The relevant draft law has sent the head of state on Monday to the country's parliament. According to the report on the website of the President, the right to issue business licenses from the Ministry of Economy will be transferred to the service "ASAN". In addition, the number of activities requiring licensing will be restricted. A week ago at the Cabinet meeting, Ilham Aliyev noted the dominance of corruption and lawlessness in relation to business, and threatened to severely punish corrupt officials, he also noted major structural reforms, which are designed to provide normal conditions for business, and to free them from extortion. -02D-
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- Question-answer
- 19 October 2015 18:59
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- Politics
- 20 October 2015 01:32
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
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