Azer Amiraslanov: Private sector's share in employment reaches 79.1%

In 2024, the private sector's share in the wage fund in Azerbaijan reached 51%, and its share in employment amounted to 79.1%, Azer Amiraslanov, Chairman of the Milli Majlis Committee on Economic Policy, Industry, and Entrepreneurship Committee, said at the conference "Constitution and Sovereignty – Development of Entrepreneurship in Azerbaijan" held in Baku.

Report quotes him as saying the share of the private sector in newly created jobs was 91.6%, highlighting its significant role in the economy.

"Entrepreneurs contribute to the country's development, the restoration of liberated territories, and the resolution of social issues. At the same time, there are mutual expectations between business and the state," he emphasized.