reforms

Central Bank Governor: Azerbaijan's Economic Diversification Depends on 2027-2030 Reforms

Central Bank of Azerbaijan Chairman Taleh Kazimov said monetary policy supports economic diversification but cannot ensure it alone. Reforms planned for 2027-2030 will play a key role.

Azerbaijan's Banking Sector Assets Up 12.2% Year-on-Year

As of September 1, the assets of Azerbaijan's banking sector reached 62.476 billion manats, up 12.2% year-on-year. The CBA reported on reforms to strengthen the financial system.

Azerbaijan Included in New ADB Program for Public Finance Reform

The Asian Development Bank has approved $500,000 in technical assistance to launch a new regional program for fiduciary assessment and strengthening public financial management systems. Azerbaijan is among the participants. The initiative runs from 2026 to 2028 and covers 43 countries in the Asia-Pacific region.