She made the remarks during the public discussions on “Industrialization and innovative development” in Baku.
The deputy minister noted that the decrease in oil prices and instability of the world economy affected Azerbaijan’s economy.
“In order to eliminate their negative impact and to ensure even more sustainable resistance, the government has mobilized all the efforts and has accelerated the implementation of the measures envisaged in the ‘Azerbaijan 2020: vision for the future’ concept,” said Hasanova.
“Serious steps have been taken in this sphere. The conditions for starting a business have been improved in the country,” she said. “The inspections of business entities have been suspended for two years [except for the inspections related to state security].”
Moreover, the number of licenses and permissions for doing business has also decreased, she added.
Azerbaijan speeds up measures for more stable resistance to external shocks
05 July 2016
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Azerbaijan’s economy showed its resistance to external shocks, said the country’s Deputy Economy Minister Sevinj Hasanova July 5, AzVision.az reports citing Trend.
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