11:31 - 5.03.2026

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March 5, Fineko/abc.az. The Government of Azerbaijan does not set itself the task of completely abandoning control functions in the economic sector.

ABC.AZ reports that Azerbaijani Deputy Prime Minister Samir Sharifov said this during his speech at the forum "Looking into the future of the tax system: a new management model and data-based solutions".

He added that today public-business relations are entering a new stage: "Economic development is possible not only through administrative regulation, but also through a system of relations based on trust. Predictable policies, clear rules of the game, and a stable approach are key indicators of favorable business environment. Government's goal is not to completely abandon the control function or minimize it, but to transform it into a more reasonable, effective format that corresponds to modern economic processes," he emphasized.

According to the the Deputy PM, reduction in the level of the shadow economy should also be considered as a result of a systemic and institutional approach.

"At the current stage, proper prioritization, increased spending efficiency and strengthening sources of non-oil revenues are of particular importance in fiscal policy. In this context, tax policy should be regarded not just as a tool for maximizing fiscal charges, but as an important mechanism shaping economic behavior, influencing investment decisions and ensuring social balance. Taxes and mandatory social contributions should not suppress economic activity, on the contrary, they are designed to stimulate it," he stressed.