The first meeting of the sub-working group on “Macroeconomic Stability,” established for the preparation of the “Social and Economic Development Strategy of the Republic of Azerbaijan for 2027–2030,” was held.

Taleh Kazimov, Chairman of the Central Bank and head of the sub-working group, noted that the measures implemented in the field of macroeconomic stability under the “Social and Economic Development Strategy for 2022–2026” had yielded positive results, including keeping inflation within the Central Bank of Azerbaijan’s target range, deepening the financial sector, increasing the financial sector’s share in GDP, and broadly expanding access to finance. He emphasized the importance of further improving macroeconomic and financial stability policy frameworks to strengthen macroeconomic resilience in the country during 2027–2030.

The meeting included discussions on the proposed directions of activity within the framework of preparing the “Social and Economic Development Strategy for 2027–2030.”

Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communications (CAERC), delivered a speech at the meeting.

The sub-working group on “Macroeconomic Stability” was established in accordance with the Cabinet of Ministers’ Decree No. 356 dated June 18, 2025, to ensure the implementation of the document on preparing the “Social and Economic Development Strategy of the Republic of Azerbaijan for 2027–2030” and the “Second State Program on the Great Return to the Liberated Territories,” approved by the Decree No. 611 of the President of the Republic of Azerbaijan dated May 30, 2025.