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Home page News The briefing of the Innovative Economic Research Center of AzTU was held

The briefing of the Innovative Economic Research Center of AzTU was held

22.05.2024     672     AzTU

The Center for Innovative Economic Research at Azerbaijan Technical University (AzTU) held a briefing.

In the briefing, the head of the center, Professor Elshad Mammadov informed journalists about the recent developments in the economic sector over the past month.

He particularly discussed the localization of manufacturing processes, expansion of regional technological cooperation, a sharp increase in direct investments (capital expenditures) in the national economy, a fundamental shift in the country's monetary and credit policy toward investment growth, the increasing share of innovative projects in the national economy, the formation of regional sales markets to enhance the efficiency and profitability of production processes, and the deepening of fiscal mechanisms to stimulate domestic production in the country. These reports were shared with the journalists.

The journalists’s questions were answered at the end of the briefing.


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