The state support programs for various sectors of the economy, including entrepreneurship, have been developed in accordance with President of Azerbaijan Ilham Aliyev’s decree on a number of measures to reduce the negative impact of coronavirus COVID-19 and, as a result, sharp fluctuations in the global energy and stock markets on the Azerbaijani economy, macroeconomic stability, employment and entrepreneurship.

Azerbaijani President Ilham Aliyev signed a decree on the appointment of a new deputy minister of economy, Trend reports on Apr. 2.

Azerbaijan’s Minister of Economy Mikayil Jabbarov said that financial support will be provided to certain areas in connection with the situation related to coronavirus spread.

A working group created in Azerbaijan to prepare relevant proposals to assess the negative impact of the coronavirus pandemic, the sharp fluctuations occurring on world energy markets and exchanges on the national economy, identify areas of economic activity that may be affected by the pandemic, and reduce the negative impact of situation on the country's business environment in the near future, held a meeting, Trend reports referring to the press service of the Ministry of Economy on March 25.

Azerbaijan's Deputy Economy Minister Shirzad Abdullayev has been dismissed, Trend reports.

Azerbaijan’s Entrepreneurship Development Fund under the Ministry of Economy continues to provide financial support to the entrepreneurs to realize their investment projects.

SIAL Paris, one of the largest food exhibitions in Europe, has ended in Paris. The national stand was popular and the exhibition brought Azerbaijan worthy contracts on the supply of local goods to foreign countries.

The Azerbaijani government has decided to change the import procedures of certain goods to protect the domestic production.

The government of Azerbaijan sees new investment incentives scheme as one of effective tools to stipulate business doing in the country and give a push for the development of small and medium entrepreneurship.

Azerbaijan Credit Union Association sees expansion of credit unions as a tool to eliminate the deficit of credit resources observed in the country, President of the Association Jalil Suleymanov told Trend.