Number of private enterprises in Azerbaijan doubled

Ilham Aliyev addressed republican conference dedicated to Azerbaijani Youth Day, presidential web page reported, citing him as saying, inter alia, “Our young people work in various sectors of the economy and in government organizations today. I recommend that government agencies promote young people because our society needs the potential, the activity of young people and their new vision. I recommended that all government organizations recruit volunteers. Let volunteers undergo practice in state bodies, ministries and other state organizations. I recommend this to the private sector too. We have created excellent conditions for the private sector. Over the past 15 years, the number of private enterprises operating in Azerbaijan has increased from 60,000 to 130,000. This is a manifestation of our reforms in the economic sphere.”

As President Aliyev pointed out, “According to the World Bank’s latest Doing Business report, Azerbaijan has moved up 32 places and is now ranked 25th in the world in terms of business conditions. How have we achieved this? Only through reforms. The reforms will be continued. They are giving results. We are not carrying out these reforms only for the sake of reforms. We are taking targeted and thoughtful steps to give a new impetus to the development of our country, solve the outstanding problems, eliminate drawbacks, negative facts and shortcomings, and we are achieving this.”

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