Azerbaijani PM Asadov presides over Economic Council meeting

The Economic Council has held its next meeting, the Azerbaijani Cabinet of Ministers said in a statement, Report informs.

The agenda of the meeting, presided by the Chairman of the Economic Council, Prime Minister Ali Asadov, included the "Action Plan for the Development of the Agrarian Insurance System" prepared by the Working Group established to improve the agrarian insurance system and determine a new concept, the current situation and policy directions in the field of macroeconomic and financial stability, including the main results of monetary policy in 2024, key indicators and development trends in the banking and insurance sectors, as well as the 2024 report on the results of monitoring and evaluation of the "Socio-economic Development Strategy for 2022-2026" and the Action Plan of the "First State Program on the Great Return to the Liberated Territories" and other current issues.

Reports on the agenda were heard from Shahmar Movsumov, Assistant to the President of Azerbaijan; Taleh Kazimov, Chairman of the Central Bank; and Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communication.

Minister of Agriculture Majnun Mammadov, who attended the meeting, made a speech on the agrarian insurance system.

The members of the Economic Council also held detailed discussions on the mentioned issues.

At the end of the meeting, decisions were made taking into account the proposals of the members of the Economic Council and instructions were given to the relevant bodies.