Economy Minister: Impact of COVID-19 on Azerbaijani economy - minimal

Despite the fact that the economy of Azerbaijan is facing difficulties during the COVID-19 pandemic, the negative impact of the pandemic on the structure of the country's national economy is minimal, Minister of Economy Mikayil Jabbarov said, Trend reports.
 
Jabbarov made the statement during a press conference on June 30.
 
He noted that the ministry is working on improving the business environment.
 
Since January 2019, reforms have been carried out in relation to labor contracts, the economy minister added.
 
“If, as of January 1, 2019, 539 522 labor contracts were concluded, by June 26, 2020, the number of the contracts reached 751,705. In other words, about 210,000 labor contracts were concluded during 18 months,” said Jabbarov.