Shadow economy to be minimized in Azerbaijan

Shadow economy to be minimized in Azerbaijan
# 02 February 2021 15:29 (UTC +04:00)

Involvement of direct foreign investments in the economy of the country, as well as strategic investors in infrastructure fields, should be provided, it was reflected in the "Azerbaijan 2030: National Priorities for socio-economic development” which approved by President Ilham Aliyev today, APA reports.

Noted that this time protection of national interests of the country and productive regulation of investments by creating a competitive environment for foreign investors must be at the focus of attention.

It has been noted that shadow economy should be minimized transparency level in private and state sector should be reached to the highest standards: “The application of a modern culture of corporate behavior in economic management should be expanded and encouraged, the fight against corruption should be strengthened, and a modern civil service system and ethics should be formed in order to meet new challenges."

#
#

THE OPERATION IS BEING PERFORMED