Baku:Azerbaijan is in the process of formulating its Socio-Economic Development Strategy for the years 2027-2030. This was announced by Deputy Minister of Economy Anar Akhundov during discussions on the draft law "On the State Budget of the Republic of Azerbaijan for 2027" at a joint meeting of several Milli Majlis committees, including those on Natural Resources, Energy and Ecology, Labour and Social Policy, Health, and International Relations and Interparliamentary Relations.

According to Azeri-Press news agency, Deputy Minister Akhundov highlighted that the recent victory has created new opportunities for economic development in Azerbaijan, as well as the restoration of its territorial integrity.

The Deputy Minister also noted that the current year marks the conclusion of the Socio-Economic Development Strategy for 2022-2026, while preparations are underway for the upcoming strategy covering 2027-2030.