11:37 - 29.10.2024

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 October 29, Fineko/abc.az. The Agency for Innovation & Digital Development (under the Ministry of Finance of Azerbaijan) and Singapore state agency Singapore Cooperation Enterprise signed the Memorandum of Understanding.

ABC.AZ reports, referring to the Agency.

The Memorandum envisages development of mutually beneficial cooperation in the field of digitalization of small & medium-sized businesses (SMEs).

As part of cooperation, the agencies will exchange experiences in the field of digital public services, policy and regulatory frameworks.

Singapore has extensive experience in the field of digitalization of SMEs and has been working in this direction since 2017. SMEs play a key role in Singapore's economy. Today, they make up 99% of all enterprises in the country.