BAKU, Azerbaijan, May 5. The Central Bank of
Azerbaijan (CBA) and the Growth Lab center at Harvard University
have discussed joint initiatives aimed at developing financial
markets, Trend
reports citing the CBA.


Discussions were held during the meeting of CBA Chairman Taleh
Kazimov with Ricardo Hausmann, founder and director of the Growth
Lab at Harvard University.


During the meeting, the sides held an in-depth exchange of views
on achievements and priorities in ensuring macroeconomic and
financial stability in Azerbaijan, improving the transmission
mechanism of monetary policy, and expanding financial
intermediation.







The results of a project implemented in Azerbaijan by the Growth
Lab were also reviewed.


In addition, the meeting focused on joint initiatives aimed at
developing financial markets and explored prospects for further
cooperation between the two sides.