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Baku hosts another Council of Central Banks meeting of OTS member countries

04 June 2026 16:30 (UTC +04:00)

Today, Baku is proudly hosting the next meeting of the Council of Central (National) Banks of the Member States of the Organization of Turkic States, Taleh Kazimov, Governor of the Central Bank of the Republic of Azerbaijan, posted on his X account, APA reports.

"We are delighted to welcome the governors of the central banks of our brotherly countries, as well as the Secretary General of the Organization of Turkic States, to Azerbaijan.

At a time when cooperation among the Turkic states is reaching a new level, strengthening dialogue and fostering the exchange of experience among our institutions is of high importance.
We are confident that this meeting will mark another important milestone in the Council’s activities and contribute significantly to the development of a more integrated, innovative, and resilient financial ecosystem across our region," the post reads.

Note that in connection with the meeting, senior officials of the central banks of Kazakhstan, the Kyrgyz Republic, Uzbekistan and Türkiye, which are members of the Council, as well as the central banks of Hungary and the Turkish Republic of Northern Cyprus as observers, will visit Azerbaijan. The Secretary General of the Organization of Turkic States is also expected to participate in the meeting.

The meeting will serve as an effective platform for discussing issues related to ensuring macroeconomic and financial stability amid global challenges, improving the transmission of monetary policy, as well as the challenges and new opportunities faced by the central banks of the represented countries in the development of financial technologies during the period of digital transformation. In this regard, presentations and discussions will be held within the framework of the meeting on the topics of “Monetary and financial policy measures of central banks against global and regional risks in the medium term” and “Development of digital financial ecosystems, including financial technologies.”

Recall that the first meeting of the Council, established in 2024, was held last year in Astana, Kazakhstan. The main purpose of the Council, which serves as a consultative and advisory body, is to strengthen cooperation in the areas of monetary policy, financial stability, payment systems, financial technologies and other fields of mutual interest, as well as to promote joint consultations and research activities.