Impact of the Competition Code and the New Law on State Procurement on Azerbaijan's Business Environment
This review discusses the impact of the newly adopted Competition Code and the Law on "State Procurement" on Azerbaijan's business environment. The Competition Code, effective from July 2024, introduces new regulations to foster fair competition, enhance market efficiency, and encourage investment. It includes concepts such as coordinated actions, dominant market players, and the influence of subsidies on competition. The new State Procurement Law, effective from January 2024, aims to streamline procurement processes by introducing full electronification, optimizing timelines, and improving state control. It emphasizes competitiveness, transparency, and the prevention of the shadow economy, while also introducing innovative procurement tools and sustainability criteria. Together, these legislative changes create a more favorable environment for business development in Azerbaijan.
https://ereforms.gov.az/files/review/pdf/en/57415fa0815ad55e209eb2d021b6bf55.pdf
Op-eds
Ilkin Gasimov
Chief advisor of the Economic analysis division
New Financial Model for Resource Allocation in General Education
Baghish Ahmadov
Advisor to the Executive director of the Center for Analysis of Economic Reforms and Communication
Azerbaijan International Investment Forum: Investment Cooperation and National Development Priorities
Abdulrahim Dadashov
Deputy head of the Monitoring and evaluation division
Environmental Responsibility is One of the Key Conditions in the Development of the Mining Industry
Latif Zeynalli
Head of State Programs Division
Development of Competition Will Create New Opportunities for Sustainable Economic Growth
Orkhan Sadigov
Head of the Monitoring and evaluation division
A New Approach to Managing Off-Budget Funds Will Strengthen Financial Discipline
Elshan Yusifli
Head of the Monitoring of sectoral programs sector
New Changes to Nakhchivan’s State Programme: Export, Logistics and Social Mechanisms Improved
Abdulrahim Dadashov
Deputy head of the Monitoring and evaluation division
New Law Strengthens the Sustainable Development and Digital Monitoring of the Fisheries Sector