BAKU, Azerbaijan, July 11. Digitalization of the procurement process allowed to save 742 million manat ($436.5 million) of public funds in Azerbaijan in 2023, Head of the State Service for Antimonopoly Control and Supervision of the Consumer Market under the Ministry of Economy Mammad Abbasbayli said, Trend reports.
He made the remark during the first National Competition Forum held in Baku today.
The savings are anticipated to be even greater this year as a consequence of the complete digitalization of the procurement process, according to him.
The State Service for Antimonopoly Supervision and Control of the Consumer Market participates in the preparation and implementation of state policy in the fields 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 the sustainable development of the country's economy.
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