11:35 - 25.02.2022

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February 25, Fineko/abc.az. The ongoing reforms of tax policy, legislation and administration, along with the creation of adequate opportunities to ensure State Budget expenditures, serve to stimulate entrepreneurial activity.

ABC.AZ reports that Presidential Aide Shahmar Movsumov stated about this at forum "Tax Reforms for Inclusive & Sustainable Development: Towards Voluntary Interaction with Digital Transformation".

According to Movsumov, the tax policy as an incentive tool serves to accelerate economic growth in the occupation-liberated territories.

"To restore these territories, economic and labor resources are being mobilized for rapid integration into the economy, ensuring sustainable development. It is planned to introduce tax, social and other benefits to stimulate the activities of entrepreneurs and the private sector in these territories, stimulate their initiatives, focus on investments, processing industry and service infrastructure,” Movsumov said.