BAKU, Azerbaijan, December 25. The Central Bank
of Azerbaijan (CBA) has projected that the country’s current
account will record a significant surplus next year, equivalent to
approximately 3.7% of gross domestic product (GDP), or around $3
billion, a statement published in the "Azerbaijan" newspaper
stated, Trend
reports.
The announcement, part of the Central Bank’s declaration on the
main directions of monetary policy for 2026, highlighted that the
CBA will continue to maintain its foreign currency reserves at
adequate levels and improve their management.
The statement emphasized that the application of monetary policy
tools will take into account developments in financial markets and
changes in the liquidity position of the banking system. The
deployment of these instruments will seek to mitigate the influence
of extrinsic variables on fiscal parameters.
Additionally, the Central Bank noted that enhancing its
analytical and forecasting capabilities will remain a priority in
2026.
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