Baku: Azerbaijan has made substantial political and economic progress over the past two decades, according to Prime Minister Ali Asadov. Speaking at the plenary session of the Milli Majlis on December 9, he attributed these achievements to the far-sighted and thoughtful policies of the President. The Prime Minister emphasized that the 2026 state budget has allocated sufficient funds to support investment-oriented state programs.
According to Azerbaijan State News Agency, Prime Minister Asadov highlighted Azerbaijan’s emerging role as a logistics hub in Eurasia, showcasing modern infrastructure and global corridors such as the Zangezur Corridor. This corridor is considered a critical component of both the Middle Corridor and the North-South Corridor.
The Prime Minister also pointed to renewable energy as a key area of focus. Projects within this sector are attracting significant global investment. Azerbaijan has established joint investment funds with Central Asian countries and is investing in friendly nations through the State Oil Fund and SOCAR. These investments are expected to enable numerous projects, provide dividends, and spur economic growth. Asadov described these initiatives as strategic projects that foster a new development model and growth drivers.
Prime Minister Asadov stressed that the President’s current multifaceted policy and future goals will drive the dynamic development of Azerbaijan’s national economy. He noted that the country’s progress is exemplified by the recent Victory Day celebrations, which mark the culmination of two decades of strategic advancements.