Baku. Yegane Lachinzade - APA-Economics. Share of companies operating without registration has reduced to 18.4% from 40.7%, said Business Environment and Enterprise Performance Survey (BEEPS) of European Bank for Reconstruction and Development (EBRD), posted on its website.
According to survey, Azerbaijan has achieved this progress since 2009.
One of business environment obstacles in Azerbaijan is access to financial sources. Only 14.6% of business entities have an access to loan. According to European bankers, this is low index.
One of the main obstacles is access to land. However, this sector also advanced.
Azerbaijan is quite successful in tackling corruption. The bankers say this was caused by adoption of appropriate legislative acts.
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