Azerbaijan sets up four working groups to fight coronavirus

  19 March 2020    Read: 826
  Azerbaijan sets up four working groups to fight coronavirus

Four working groups were set up in accordance with the decree signed on March 19 by Azerbaijan’s President Ilham Aliyev on a number of measures to reduce the negative consequences of coronavirus (COVID-19) pandemic and the impact of volatility caused by this infection in the world energy and stock markets on Azerbaijan’s economy, macroeconomic stability, employment and business entities in the country.

The working group set up to assess the impact of the pandemic on Azerbaijan’s economy, should approve the relevant criteria for determining the list of sectors of economic activity that may be affected by the pandemic, legal entities and individuals engaged in entrepreneurial activities without registration as a legal entity, to prepare relevant proposals in order to reduce the negative impact of the pandemic on the country's business environment in the near and medium terms, as well as to support the continuation of economic growth in the country during this period. It must determine the amount of the presumed damage to legal entities and individuals and submit it to the Cabinet of Ministers.


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