Euromedia24 on Play Store Euromedia24 on App Sore
BNB

$870.47

BTC

$113082

ADA

$0.868816

ETH

$4608.63

SOL

$213.76

31 °

Yerevan

20 °

Moscow

45 °

Dubai

20 °

London

26 °

Beijing

23 °

Brussels

16 °

Rome

23 °

Madrid

BNB

$870.47

BTC

$113082

ADA

$0.868816

ETH

$4608.63

SOL

$213.76

31 °

Yerevan

20 °

Moscow

45 °

Dubai

20 °

London

26 °

Beijing

23 °

Brussels

16 °

Rome

23 °

Madrid

Azerbaijan's shadow economy. Foreign investment, especially in strategic


Geghard "Analytical. The President of the State Customs Committee of Azerbaijan announced on February 13, 2025 that reforms to combat tax evasion are promoted to modernize the Azerbaijani tax system and its integration into the world economy. According to Shahin Bagirov, significant steps have been taken to prevent the shadow economy, legalize economic activities and income, as the shadow economy is a serious threat to Azerbaijan's economic security.

In fact, Sh. Bagirov admitted that this problem has not disappeared since the 1990s. Many international organizations have been ignored. The "instruction-promise" of the President's 2021 has failed, according to which the shadow economy will be minimized in Azerbaijan. "Azerbaijan 2030. In the national priorities of socio-economic development, Ilham Aliyev considered it important to attract foreign direct investment in strategic areas.

The shadow economy is unique to all countries of the world, and the shadow economy of the world's gross domestic (GDP) is estimated at 21-23% (with a reduction in the decrease). However, if in developed countries (GDP) it varies normally within 15-16%, then exceeds even 50% in developing countries. In the case of Azerbaijan, it is different, official statistics are either lacking or radically different from the data presented by individual reports, research and specialists.

According to contradictory data, the shadow economy in Azerbaijan is 30 to 47.8% of GDP. Although certain differences are explained by the peculiarities of calculation methodologies, the country is one of the most low quality "extremely Poor Quality." It is believed that the agricultural sector has a significant impact on high indicators, where the large number of unregistered employees provide about 25-27% of the shadow economy (by 2020-2023. Results). Among the non-oil sectors, retail and wholesale trade and, especially public food, are also distinguished by the shadow economy. This explains the lack of foreign investments in the mentioned spheres.

Although Azeri officials are very enthusiastic about the success of the shadow economy in the labor market, they acknowledge that most employees, 2/3 of the labor market continue to work unregistered. The budget system deprives the "envelope" scheme of tax revenues, reducing the revenues of the State Social Protection Fund.

The volume of the shadow economy is also high in infrastructure, banking, real estate, non-oil mining and other areas.

The changes in the enterprises belonging to the members of the ruling administration members and their management in the state bodies and infrastructure are purely formal. If in non-oil areas, it is possible to show certain results through tax reforms to influence the reports of international organizations and improve the country's rating, the data on the oil sphere are inviolable.

Foreign organizations have repeatedly stated that Azerbaijan, especially due to the oil industry, has become a major energy player, but it has not been used to raise the living standards of the country, but has been used to reconstruct the army, aggressive policy and the expansion of family funds for its neighbors. It was also emphasized that poverty and corruption continue to shade the real indicators of the country's development, as instead of reducing the level of corruption and the reduction of the shadow reduction, the Azerbaijani government continues to have pressure on human rights activists and journalists, also endangering democracy.

Local and foreign experts have repeatedly referred to the shadow and corruption manifestations in the Azerbaijani economy. Human rights activist Gubad Bayramov Ibadoglu has done a lot of work in Azerbaijan. The latter was arrested and deported for his activities. According to human rights activists, the transitional economies of post-Soviet countries have maintained one of the negative features of the Soviet Union's economy, the informal part. According to Ibadoglu, the economy of Azerbaijan largely depends on one resource, oil, where the system is hampered by the development of the non-oil economy. The volume of Azerbaijan's shadow economy fluctued in the 2000s and in the 2010s at 60-80%.

Data on foreign organizations have long been known for their monopoly positions in the "Secret" sphere of the Aliyev family and their relatives.

In 2017, the authorized accredited Accountants Association published a study dedicated to the development and forecast of the development and development of the global shadow economy. According to the results of the results of corruption, the number of countries surveying the GDP growth, Azerbaijan has taken the highest place. It turned out that in 2016 the volume of the shadow economy in Azerbaijan amounted to 67.4% of the country's GDP.

It should be noted that local deputies and other officials have often been released on the real extent of the shadow economy in Azerbaijan, confirming that official data does not always reflect the real picture.

The topic has even been included in the research programs of Turkish and Russian higher education institutions, to analyze the peculiarities of the shadow economy through student works in Azerbaijan.

In fact, expert research, reports and statistics of international organizations, the testimonies of repressed human rights activists and the records of Azerbaijani officials say that Azerbaijan ranks "leading" in the world in the world. The issue is due not to systemic shortcomings, but by the need to service the interests of a family with a "corruption monopoly" in Azerbaijan.

News

Անահիտ Ավանեսյանը տեսակցել է ադրբեջանցու կրակոցից վիրավորված կնոջը
The Widely Discussed Dvin Crown Project. A New Visibility Platform for Brands Has Emerged in the Heart of Yerevan
Important
Artur Hovhannisyan and the Ambassador of Bulgaria to Armenia discussed a number of programs of mutual interest to Armenia and Bulgaria
A new and fantastic story was born in the heart of Yerevan—the spirit of the old city at Hayasa Hotel Old Yerevan
Մենք պետական սահման ունե՞նք․ Սասուն Միքայելյանի կոշտ հայտարարությունը (տեսանյութ)
Կատարը հայտարարել է, որ չի կառուցելու Հորմուզը շրջանցող գազատարներ
Հայաստանը նշում է Անկախության օրը
Important
Փաշինյանը շնորհավորել է Անկախության 35-րդ տարեդարձը և հրավիրել Հանրապետության հրապարակ (տեսանյութ)
«Երբ վտանգված է պետականությունը, մեկ ճանապարհ կա»․ Սերժ Սարգսյան
Independence was not given to us as a gift, it was kept with struggle, with blood, with our faith. Sasun Mikayelyan's message
The 11th grade students of the school named after Axel Bakunts of Goris were in the crashed minibus. new details
A minibus overturned on the Kapan-Goris road. there are 11 wounded, most of them children
The logo of "Multi Group" was torn from the entrance of "Araratcement".
Zakharova: Yerevan is one of the leaders in the activity of voters abroad in the Russian State Duma elections
Especially for those degenerates who say that there was never a threat from Turkey. Ara Poghosyan
There was a massive attack during the State Duma elections in Russia. Ministry of Defense of the Russian Federation
Iran has threatened to attack all US military bases in the region
The Armenian women's team won the fourth victory in the 46th World Chess Olympiad
A doctor has warned about the dangers of watching videos while eating
In Pakistan, a few days before the party march of former Prime Minister Imran Khan, his sister was arrested

More News

...

Կատարը հայտարարել է, որ չի կառուցելու Հորմուզը շրջանցող գազատարներ

There was a massive attack during the State Duma elections in Russia. Ministry of Defense of the Russian Federation

Iran has threatened to attack all US military bases in the region

In Pakistan, a few days before the party march of former Prime Minister Imran Khan, his sister was arrested

21 hours of rain. Record rainfall was recorded in Batumi

As a result of mass poisoning, 100 children were hospitalized in Jordan

Sochi was flooded. water reached shops, cars broke down

An earthquake has occurred in Russia

A "hidden mobilization" is expected in Russia. new intelligence data. The Telegraph

Russia has established control over 5 more villages in Ukraine

Gasoline and diesel prices hit record highs in the EU

Crazy shots from around the world. Sevan tornado, sea battle and Libyan wedding show (video)

A US court has declared illegal the deportation of immigrants to third countries without the possibility to appeal the decision

Medvedev called on US sanctions to be answered with the language of military restraint

Explosions thundered in the capital of Saudi Arabia

A police officer was arrested in France on suspicion of preparing a terrorist attack

Rubio: The Greenland deal secures US interests in the Arctic

The Ministry of Foreign Affairs of the DPRK stated that the country's nuclear status does not need external recognition

Trump signed the bill tightening sanctions against Russia

A harsh warning to the USA from Pyongyang. North Korea is strengthening its nuclear arsenal (video)