The Central Bank of Azerbaijan has made new appointments. In connection with the transfer of the authority of the Department of Prudential Policy and Methodology to the management of the Financial Market Control House (FMCH), its head Leila Nabiyeva became the Director of the Department of International Cooperation and Communication.
The new head of the CBA Chairman Office is the head of the former Financial Monitoring Service (FMS) Adishirin Gasimov, as the FMS functions were transferred to FMCH.
Recall that in April Ali Ahmadov was appointed the Director of the CBA Market Operations Department instead of Nigar Mammadova, who was appointed by the Head of State Vice President of the Board of Directors of FMCH on March 28. --17D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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