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Azerbaijan enhances flexibility of local governments in economic decision-making

Business Materials 13 December 2012 11:04 (UTC +04:00)

Azerbaijan, Baku, Dec.13 / Trend, A.Akhundov /

The flexibility of local governments in economic decision-making will be enhanced in Azerbaijan, the Draft Development Concept "Azerbaijan - 2020: The Vision of The Future" says.

"Considering regional development priorities, state infrastructure and investment
policies will be coordinated with business investment strategies. The gap between the
living standards and quality of life, per capital production and investment between economic districts will be reduced. The flexibility of local governments in economic decision-making will be enhanced as part of a modern approach. Agricultural development projects will be implemented and further measures taken to improve the infrastructure and social services," the draft says.

The issue of roads in districts and villages will be in the spotlight and measures taken to meet transport sector demand.

"Improved infrastructure in the districts, broader use of information technologies, the emerging tourism and recreation zones and production clusters on priority economic sectors in accordance with competitive advantages of each district will speed up the socioeconomic development of the districts," the draft says.

Regional development centers will stimulate balanced socioeconomic growth of the districts, reduce regional inequality, enhance the share of districts in the structure of commodity turnover and slow down the concentration of economic development in big
cities.

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