Prezident İlham Əliyev.

Prezident İlham Əliyev.

Baku/12.02.21/Turan: On February 12, the head of state Ilham Aliyev approved the Regulations on the Economic Council of the country.

This structure was created by his own decree on September 9, 2020 "in order to develop measures to preserve macroeconomic stability in the country and accelerate socio-economic development, formulate economic policy for the current and medium term by studying the processes taking place in the global and national economy."

The Economic Council is charged with the obligation to submit proposals to the President to achieve these goals twice a year.

The Economic Council is chaired by Prime Minister Ali Asadov. The structure also includes presidential aides: Shahmar Movsumov and Natig Amirov, assistants to the first vice president: Emin Huseynov and Khalid Ahadov, ministers: Economy - Mikail Jabbarov, Finance - Samir Sharifov, Labor and Social Protection - Sahil Babayev, Chairman of the Central Bank - Elman Rustamov, executive director of the State Oil Fund Israfil Mammadov.

The Economic Council replaced the earlier Financial Stability Council. –06D-

 

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