By a decree of President Ilham Aliyev, the Action Plan for the implementation of the Decree of the President of the Republic of Azerbaijan on “Additional Measures to Improve the Business Environment in the Republic of Azerbaijan and Further Enhance the Country’s Position in International Rankings” has been approved. The Action Plan constitutes a key component of the activities of the Commission responsible for improving the business environment and further strengthening Azerbaijan’s position in international rankings.

Commenting on the essence of the Action Plan, Center for Analysis of Economic Reforms and Communication analyst Nijat Hajizade stated that this presidential decree will ensure the development of the country’s business environment and contribute to further improvements in Azerbaijan’s standing in international rankings.

He noted that the Action Plan incorporates a comprehensive theoretical and practical reform program aligned with the methodologies and indicators of leading international reports and will play a significant role in further enhancing the favorability of the business environment. He also emphasized that the priorities outlined in the Strategic Road Maps for the National Economy and Key Economic Sectors are reflected in the Action Plan.

According to Nijat Hajizade, the Action Plan will also contribute to strengthening the country’s macroeconomic stability. He pointed out that the plan includes internationally recognized reports that are of particular importance to the global community. Reports frequently highlighted by the President of the Republic of Azerbaijan—such as Doing Business and the Global Competitiveness report—are also incorporated into the Action Plan.

He further explained that the Global Competitiveness report contains a wide range of core and sub-indicators, for which specific measures and responsible implementing bodies have been identified to further improve Azerbaijan’s rankings. Among these indicators are those directly related to macroeconomic performance, in which reform measures are already being implemented in line with the President’s instructions. In addition, the Action Plan includes measures related to physical infrastructure, human capital, healthcare, technology, and innovation—areas that indirectly but significantly contribute to the overall development of the national economy.