Azerbaijani Economy 30 june — 12:28

Economy minister on stability of Azerbaijani economy

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Since the end of the first quarter of 2020, the global economy has faced new challenges in the form of a pandemic and the resulting economic consequences. This was announced today at a press-conference by Azerbaijani Minister of Economy Mikayil Jabbarov.

According to him, against the backdrop of these challenges, the Azerbaijani economy has demonstrated its stability, despite the difficulties encountered.

Jabbarov noted that the negative impact of the global crisis on key players in the national economy is minimal.

'In recent years, the business environment has been improving and the number of various interventions in it has been decreasing. We believe that by the end of the year the country's economy will recover and encourage the activities of entrepreneurs to continue. Today we observe a great interest in the industrial parks of the country, interest in investment projects,' said the minister.

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