“Azerbaijan has risen to a new level of economic development, at which the main objective is shaping a new economic model,” said Ahmadov. “These steps include the maximum removal of licenses and the reduction of licensed activities. There is a corresponding decree of the president regarding this fact. The goal is to reduce the number of activities providing for obtaining a special permit, i.e., license.”
He said that this means liberalization of the economy.
“Naturally, this creates additional opportunities to strengthen the mechanisms of a free market economy and entrepreneurship development,” said the deputy prime minister. “All these are important elements of the new economic reforms that are being implemented.”
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