Minister: Dependence of large state-owned enterprises on budget diminshed

12:24 - 13.02.2025


February 13, Fineko/abc.az. Azerbaijan has managed to solve most of the problems relating to the dependence of large state-owned companies on the budget.

ABC.AZ reports that Economy Minister Mikayil Jabbarov said about this at forum "Tax Service - 25: Sustainable Development & Effective Transformation".

According to Jabbarov, thanks to the reforms carried out, large state-owned enterprises have increased their sustainability.

"Enterprises have reduced their debt burden, which was once considered one of the fiscal threats and risks, have become profitable, and their dependence on funds from the State Budget has decreased," the minister noted.