Baku: Azerbaijan’s Economy Minister Mikayil Jabbarov has stressed the country’s commitment to joint investments, highlighting the state’s role in fostering economic activity. Speaking at the Azerbaijan International Investment Forum, Jabbarov outlined the essential function of maintaining a stable macroeconomic and fiscal framework.
According to Azeri-Press News Agency, the minister emphasized the increasing importance of public-private partnership (PPP) models in investment strategies. He explained that the state not only plays a stabilizing role but also acts as a developer and co-investor in various projects.
Jabbarov further elaborated on the mechanisms for joint investments, noting that some are in collaboration with friendly countries, while others are conducted on a sovereign basis. He underscored the state’s openness to these partnerships, which are seen as crucial for economic development.