BAKU, Azerbaijan, November 3. Azerbaijani
officials held discussions evaluating ways to expand the potential
of the country’s financial institutions and introduce new
initiatives aimed at modernizing the sector, Trend reports.
The meeting took place at the Central Bank within the framework
of the “Financial Sector Development Strategy” for 2024–2026, aimed
at providing training for representatives of commercial banks in
collaboration with the Ministry of Economy.
During the session, participants focused on the role of
public-private partnership (PPP) projects, ways to enhance the
capacity of financial institutions, and opportunities for launching
new initiatives.
Representatives from the Ministry of Economy presented key
features and models of PPPs, relevant legislative projects, and
their implementation potential, while highlighting measures to
promote cooperation between banks and government bodies.
Subsequent convenings are strategically scheduled to incorporate
global financial entities to enhance the advancement of these
initiatives.
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