CESD Chairman addresses structural changes and shadow economy

CESD Chairman addresses structural changes and shadow economy Dr. Vugar Bayramov, chairman of CESD gave an interview to the Vestnik Kavkaza. In his interview, CESD chairman touched last structural changes, shadow economy, Azerbaijan’s accession to the WTO, problems in the banking sector and other economic issues. He mentioned that in 2012, our center addressed the government with a package of proposals – we suggested to carry out structural... Read More

İs shadow economy makes 9% in Azerbaijan?

İs shadow economy makes 9% in Azerbaijan? The statement came from chairman of the State Statistical Committee of Azerbaijan Arif Veliyev. He said shadow economy includes illegal production and arms sale, drug sale, prostitution. “Though Azerbaijan also produces arms, there is no illegal trade here”, Veliyev said. He said shadow economy in Azerbaijan mostly include unregistered productions and provision of definite services, as well as... Read More