Finance

Home page

Finance

Coordination group established for implementation of state program on development of Azerbaijanâ€™s stock market held first meeting

13 June 2011 07:32 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. A coordination group was established consisting of government representatives at the State Committee for Securities in order to fulfill the State Program on development of securities market in Azerbaijan in 2011-2020.

Committee says the first meeting of the coordination group was already held at the Committee by participation of representatives of Ministry of Finance, Ministry of Taxes, Ministry of Justice, Ministry of Economic Development, Ministry of Communications and Information Technology, Ministry of Education, the Central Bank, the State Committee on Property, the Chamber of Auditors.

Delivering speech at the event, Chairman of SCS Rufat Aslanli gave detailed information about the targets of the State Program. He said that as a result of this program, there would be established a securities market, providing opportunities for capitalizing the economy and meeting the international standards.

Thereafter, the mechanisms to implement the activities stipulated in the State program were discussed at the meeting. Moreover, views were exchanged on the ongoing work in this regard.

Following the meeting, each government agency was tasked to prepare a plan for activities in connection with the execution of plan of measures by the next meeting of the group.