Bank Of Baku

Azerbaijan establishes Working Group for inflation monitoring

Azerbaijan establishes Working Group for inflation monitoring
# 17 July 2023 10:28 (UTC +04:00)

Prime Minister of the Republic of Azerbaijan Ali Asadov signed the order "On additional measures to strengthen monitoring of inflation and prices", APA reports.

According to the order, in order to ensure that inflation in the country is reduced to an acceptable level for economic growth, to further improve the analysis and monitoring system that allows for quantitative and qualitative assessment of inflation processes and its causes, as well as to strengthen inter-agency coordination in this field, a Working Group was established.

Head of the working group is Head of the Office of the Cabinet of Ministers of the Republic of Azerbaijan.

The working group was instructed to take measures to further strengthen the work on the analysis of inflation processes in the country and to improve price monitoring, and to ensure that the report on the results is submitted to the Cabinet of Ministers of the Republic of Azerbaijan once a month.

 

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THE OPERATION IS BEING PERFORMED