Finance
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The direct and indirect reinforcing effect of the rise in regulated prices (up in fuel prices by the Tariff Council) on the inflation forecast in Azerbaijan is expected to be 1.5 percentage points, of which 1 percentage point can be realized in 2024. This was stated by the Central Bank of Azerbaijan (CBA).
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The Central Bank of Azerbaijan forecasts economic growth in the country this year at the level of 3.5-4%, including in the non-oil and gas sector-5.5-6%.
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The Central Bank of Azerbaijan (CBA) has decided to keep the discount rate at 7.25%. This is reported on the website of the structure.
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"Qala Insurance" company has increased its authorised capital. This is reported in the State Register of Commercial Organisations of the State Tax Service under the Ministry of Economy.
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