Azerbaijan, Qatar discuss closer financial cooperation

Governors of the Central Banks of Azerbaijan and Qatar Taleh Kazimov and Bandar Bin Mohammed Bin Saoud Al Thani have discussed deepening cooperation. 

“At the margins of the AlUlaCEME [AlUla Conference for Emerging Market Economies] we had the pleasure of meeting the Governor of the Qatar Central Bank, H.E. Sheikh Bandar Bin Mohammed Bin Saoud Al Thani. Our discussion focused on the state of current cooperation between the central banks and opportunities to deepen cooperation as well as exchange of information and the expertise,” Caliber.Az reports via Kazimov’s message on X.

Earlier, the Central Bank of Azerbaijan (CBA) and the International Monetary Fund (IMF) mission engaged in discussions regarding the implementation of the Financial Sector Assessment project.

Taleh Kazimov, Chairman of the CBA, made a post on his X account, saying that the meeting with Anna Bordon, mission head of the International Monetary Fund for Azerbaijan, the Middle East, and Central Asia, covered several key topics.

“We met with Anna Bordon, head of the International Monetary Fund mission for Azerbaijan, the Middle East, and Central Asia, at the Central Bank.

During the meeting, we engaged in a comprehensive discussion on Azerbaijan's macroeconomic situation, medium-term expectations and forecasts, monetary policy reforms and decisions, as well as the policy framework for financial sector stability. Additionally, we reviewed the implementation of the FSAP recommendations.

We also exchanged views on further enhancing the transmission of monetary policy and advancing the development of the financial sector,” the post by Kazimov read.

By Naila Huseynova