Azerbaijan’s economy started 2024 with strong performance – 2024-02-18 21:04:08

by times news cr

2024-02-18 21:04:08

The Azerbaijani economy started 2024 with strong performance.

As Day.Az reports on Thursday with reference to Trend, Acting Minister of Economy of Azerbaijan Mikail Jabbarov said this during the forum “Tax system in a new period of development: strategic goals for a sustainable economy”, held in Baku.

He noted that Azerbaijan’s GDP in January 2024 increased by five percent compared to the same period in 2023 – to 9.131 billion manats.

“One of the main directions in the coming period will be to increase our export potential,” he emphasized.

It should be noted that at the forum “Tax system in a new period of development: strategic goals for a sustainable economy” in Baku, new challenges in the field of tax administration were discussed. During the forum, an exchange of views took place on the growing role of tax authorities in economic regulation, priorities for the development of the business environment, the active participation of entrepreneurs in generating budget revenues and building transparent state-business relations.

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