The Central Bank of the Republic of Azerbaijan held the fourth meeting of the Macroeconomic Resilience sub-working group supporting preparation of Azerbaijan’s 2027–2030 socio-economic development strategy, with work focused on finalising the group’s Action Plan. Central bank chair and sub-group head Taleh Kazimov reviewed progress towards a final version and highlighted coordination among participating agencies, noting that proposed measures draw on international practice and local conditions to strengthen macroeconomic resilience, further enhance financial stability and expand the financial sector’s role in economic growth. Under clause 6.5 of the Cabinet of Ministers’ Order No. 356s, the draft Action Plan and proposals covering the financial resources required for implementation are to be submitted to the head of the overarching working group (the deputy chair of the Commission) by 1 November. The sub-working group was established under the Cabinet of Ministers’ Order No. 356s to support implementation of a Presidential Order approving preparation of the 2027–2030 strategy and the second State Programme on the Great Return to liberated territories.
Central Bank of the Republic of Azerbaijan 2025-10-30
Central Bank of the Republic of Azerbaijan advances 2027–2030 macroeconomic resilience action plan and sets 1 November submission deadline
The Central Bank of the Republic of Azerbaijan held the fourth Macroeconomic Resilience sub-working group meeting to finalize the 2027–2030 socio-economic development strategy Action Plan. Central bank chair Taleh Kazimov stressed agency coordination and international practice integration to enhance macroeconomic resilience and financial stability. The draft Action Plan, with financial resource proposals, is to be submitted to the overarching working group by 1 November.