As continuation of economic reforms in the Republic of Azerbaijan public legal entity “Agency for Development of Economic Zones” was established under the supervision of the Ministry of Economy of the Republic of Azerbaijan.
In accordance with the Decree of the President of the Republic of Azerbaijan "On ensuring the activities of the Azerbaijan Investment Holding" dated November 5, 2020, a number of state-owned companies and enterprises, as well as business entities with a share of state capital, were transferred to the management of the Azerbaijan Investment Holding.
Since the Soviet Union ended to exist, the 5 coastal States (Azerbaijan, Iran, Kazakhstan, the Russian Federation, and Turkmenistan) could not come to the unanimous decision on the legal status and the division of the Caspian Sea and its resources.
According to the report, which the World Bank Group publishes annually on the “ease of doing business” based on 10 indicators of life of business in 190 countries, in 2019 in the Republic of Azerbaijan the ease of starting business increased and the country moved for more than 30 positions, from 57 to 25 in the rating compared to 2018.
President Ilham Aliyev signed a decree on approval of "Internal and external borrowing rules of state-owned entities". These rules regulate the relationship between the internal and external borrowing and the maximum borrowing rate of the legal entities owned by the state.
President Ilham Aliyev issued a decree on the application of the Law of the Republic of Azerbaijan on March 15, 2016 "On Implementation of Investment Projects on Construction and Infrastructure Facilities on a Special Financing Facility".
Today Presidential Decree of the Azerbaijan Republic No. 1138 On approval of the Strategic Roadmaps on the national economy and on the main sectors of the economy were introduced (the Decree). The Decree aims to define the country`s development goals and priorities and ensure their implementation.