This statement was made by President Ilham Aliyev at a meeting on the results of the first quarter of this year. The results of the quarter show that despite the negative events in the world, Azerbaijan continues to develop dynamically due to its capabilities.

We warmly welcome Mr. President’s support for entrepreneurship and the private sector at the meeting. The head of state stressed the importance of considering the issue of providing more loans to local companies and entrepreneurs by international financial institutions, including the World Bank, the European Bank for Reconstruction and Development, and other banks. The solution to this issue will stimulate the active participation of the private sector in economic processes.

As the President stressed, Azerbaijan has achieved today’s successes and realities on its own. Today, it restores and revives East Zangazur and Karabakh at its own expense. Mr. President stated that we will build these territories as a model region. Of course, the private sector and businesses will also be more actively involved in this construction process. The attention and care of the country’s leader gives a strong impetus to the activities of entrepreneurs and inspires them to work hard for the progress of our country.

Azer Askerov