Finance
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The Baku branch of the National Bank of Iran is working to fulfill the instructions of the Central Bank of Azerbaijan (CBA), director general Togrul Aliyev said at a press conference at the CBA.
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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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