15:19 - 30.07.2025

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July 30, Fineko/abc.az. Azerbaijan has made great strides in managing inflation within the target range of the Central Bank (CBA), increasing the depth of the financial sector, increasing the share of the financial sector in GDP, and generally expanding access to finance.

ABC.AZ informs that CBA’s governor Taleh Kazimov said this at the first meeting of the subgroup on macroeconomic stability, created to develop Socio-Economic Growth Strategy 2027-2030.

He stressed the importance of macroeconomic stability in terms of ensuring the sustainability of economic growth, increasing the resilience of the economy to external and internal shocks, as well as supporting social well-being and inclusive development, noting that the measures in the field of macroeconomic stability of the strategy have yielded positive results.

In his speech, the governor stressed the importance of improving the policy framework on macroeconomic and financial stability in order to further strengthen macroeconomic stability in the country in 2027-2030.

The event participants then discussed the areas of activity proposed as part of Strategy development.

In conclusion, the governor invited the members of the working group to coordinate cooperation in these areas of activity.

The subgroup on Macroeconomic Sustainability was established in accordance with Cabinet Ministers’ decree from June 18, 2025 in order to ensure implementation of the document on the preparation of the Strategy for 2027-2030 and the State Program II for the Large Return to the territories liberated from occupation, approved by the presidential decree from May 30, 2025.