Smes Play Crucial Role In Adding Value To Azerbaijan's Economy - Deputy Minister
Date
7/11/2024 6:10:21 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 11. SMEs in Azerbaijan
make a significant contribution to the creation of added value,
Azerbaijani Deputy Economy Minister Anar Akhundov said at the first
National Competitiveness Forum held in Baku, Trend reports.
"The private sector is emerging as a major economic force in
Azerbaijan, and the significance of entrepreneurship is growing
daily. Small and medium-sized businesses, which account for the
great majority of commercial organizations in the nation today, are
important for value creation, exports, employment, and investment.
The nation's total number of current taxpayers as of July 1st was
778,000," he said.
The State Service for Antimonopoly Supervision and Consumer
Market Control is involved in the preparation and implementation of
state policy in the field of antimonopoly policy, public
procurement, technical regulation, standardization, metrology, and
consumer protection. The main mission of the service is to create
conditions for free competition and effective protection of
entrepreneurship, which ensures sustainable development of the
country's economy.
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