Minister: World Economic Forum praises Azerbaijan’s startups

“The World Economic Forum's report ‘IDEA: Investing in the Digital Economy of Azerbaijan’ has praised Azerbaijan for its notable progress in fostering a supportive environment for startups and innovation,” the Minister of Economy of Azerbaijan Mikayil Jabbarov posted on X social media, Report informs.

“The report highlights the crucial role of attracting foreign investments, invigorating the private sector, advancing digitalization, and implementing relevant policies as pivotal reforms driving the country's socio-economic development. These successes indicate enhancements in the business climate, support for a competitive economy, and the effective execution of reforms geared towards modern solutions,” the minister added.