BAKU, Azerbaijan, March 5. Azerbaijan has
developed a new strategic document aimed at ensuring sustainable
socio-economic development and reinforcing the country’s
export-oriented economic model, the country's Economy Minister,
Mikayil Jabbarov said, Trend reports.
Speaking at the forum “Looking to the Future in the Tax System:
New Governance Model and Data-Driven Decisions,” Jabbarov
emphasized that the document introduces measures designed to
enhance the accountability of sectoral agencies based on
performance, evaluate the socio-economic impact of monetary and
fiscal decisions, and conduct analytical assessments of potential
adverse effects.
“The document further provides for expanded access to credit
resources and the implementation of innovative mechanisms to
support the development of an export-oriented economy. The initial
review of this document was conducted last week within the
framework of the Economic Council. It is essential to broaden
preferential regimes in trade to facilitate the export of non-oil
and gas products to new markets and strengthen positions in
existing ones. In this context, increased utilization of
opportunities offered by the Alat Economic Zone is planned,” the
minister added.
