## Azerbaijan Republic: Report on Observance of Standards and Codes-Fiscal Transparency Module-Update

_IMF Staff Country Reports, June 6, 2003_

## Source details

**Canonical URL:** [Azerbaijan Republic: Report on Observance of Standards and Codes-Fiscal Transparency Module-Update](https://www.imf.org/en/publications/cr/issues/2016/12/30/azerbaijan-republic-report-on-observance-of-standards-and-codes-fiscal-transparency-module-16606)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/30/azerbaijan-republic-report-on-observance-of-standards-and-codes-fiscal-transparency-module-16606/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/30/azerbaijan-republic-report-on-observance-of-standards-and-codes-fiscal-transparency-module-16606/index.json)
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## Bibliographic details
- Published: June 6, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451802658.002

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### Summary
- This paper presents an update to the Report on Observance of Standards and Codes on Fiscal Transparency Module for Azerbaijan.
- Reforms aimed at delineating the roles of the public and private sector in Azerbaijan have moved forward, but a significant amount of work still lies ahead.
- During 2002, the government simplified requirements for business licensing in an effort to strengthen private sector development.
- Important steps were also taken toward clarifying the relationship between the government and state-owned enterprises.

### Key findings and substantive points
- Progress reported on measures to delineate public and private sector roles.
- Specific reform action in 2002: simplification of requirements for business licensing to support private sector development.
- Advances in clarifying the relationship between the government and state-owned enterprises were noted.
- Overall assessment: forward movement on reforms, with a significant remaining agenda.

### Policy implications and priorities
- Continue reform efforts to further delineate public and private sector responsibilities.
- Maintain and deepen measures to simplify business licensing to support private sector development.
- Further clarify and reform the governance, reporting, and oversight framework for state-owned enterprises.

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/azerbaijan-republic-report-on-observance-of-standards-and-codes-fiscal-transparency-module-16606_