BAKU, Azerbaijan, January 26. Azerbaijan's digital economy strategy is expected to be approved and implemented this year, Executive Director of the Center for Analysis and Coordination of the IV Industrial Revolution (4SIM) Fariz Jafarov said during the press conference on the results of activities for 2023, Trend reports.
"The document has been prepared within the framework of the measure "Development and realization of the digital economy development strategy" of Azerbaijan's Socio-Economic Development Strategy for 2022-2026. The digital economy strategy covers the period until 2030. Within its framework, more than 60 projects will be implemented, and 4SIM technologies will be widely used. The Digital Economy Strategy will serve the formation of a sustainable and competitive digital economy in the country, turning Azerbaijan into one of the leading countries in this field," he noted.
Meanwhile, Deputy Economy Minister Elnur Aliyev said earlier that Azerbaijan's digital economy strategy will be focused on two main blocks.
"Our digital economy strategy will be focused on two main blocks. The first is the acceleration of the digitalization of existing sectors. This involves using digital technologies to digitize the main sectors of the economy and capitalize on new digital enterprises. We will focus on creating new enterprises that generate value through digital applications. The second block is empowering citizens through digital skills. We seek to accelerate GDP growth by increasing digital literacy among all age groups. To achieve these goals, we will improve the efficiency of government operations through digital technologies. Furthermore, we are committed to investing in nationwide innovation. We realize the importance of adopting new technologies and are closely monitoring global changes. In the future, we will explore technologies such as developing localized generative artificial intelligence and creating a digital twin of our pilot cities with various stakeholders in the country. These innovations are crucial to our progress," he said.
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