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Reforms in Azerbaijan create favorable investment environment

Economy Materials 3 February 2023 09:40 (UTC +04:00)
Reforms in Azerbaijan create favorable investment environment
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, February 3. The ongoing reforms in Azerbaijan create favorable investment environment, Managing Partner of PwC in Azerbaijan Movlan Pashayev told Trend in an interview.

According to him, new work strategies are already being developed and a more efficient approach to the work from the part of ministries, state services, agencies, and other institutions is being observed.

"The approach currently taken by Azerbaijan is directed towards liberalization of the country's economy, increasing the efficiency of enterprises, public ones in particular, and increasing the competitiveness of goods and services both on the regional and global markets," said Pashayev.

"From the point of view of achieving the set goals, I would like to note that, to a certain extent, we are modernizing the old system and creating an absolutely new approach," he added.

He said that via extensive reforms, the country is steadily, certainly, and gradually progressing toward its goals.

PricewaterhouseCoopers Global (PwC) is one of the world’s most extensive networks of professional services firms. In its current form, the network of firms was established in 1998 through the merger of Price Waterhouse and Coopers & Lybrand, both of which were headquartered in London. PwC helps organizations and individuals create the value they’re looking for, by delivering quality assurance, tax, legal and advisory services.

PricewaterhouseCoopers (PwC) Azerbaijan, established in 1995, is one of the country’s first international professional services firms.

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