BAKU, Azerbaijan, April 3. The stage of
bettering the nationwide fee infrastructure in Azerbaijan has
been efficiently accomplished, and worldwide integration
alternatives are being thought-about as a strategic course,
Director of the Division of Coverage and Supervision on Fee
Providers and Fee Techniques on the Central Financial institution of Azerbaijan
(CBA), Kamala Gurbanova, stated at a world occasion on the
theme “Collective energy: sustainability and growth in a
altering world,” held in Kuala Lumpur, Malaysia, Development studies.
Gurbanova spoke at a panel dialogue organized inside the
framework of the “Funds and Innovation” course of the discussion board
on the subject “Actual-time worldwide funds as a catalyst for
regional integration.” She famous the significance of joint efforts in
a altering world surroundings and the position of home fee
infrastructure in establishing intercountry fee relations, as
effectively because the significance of making use of worldwide requirements.
The director identified that the stage of bettering the
nationwide fee infrastructure in Azerbaijan has been efficiently
accomplished, and worldwide integration alternatives are
at the moment being thought-about as a strategic course. Gurbanova
briefed on the newest measures taken to develop the moment fee
system within the nation, together with bettering the legislative
framework and implementing a single QR customary.
The discussion board organized by the Central Financial institution performed an necessary
worldwide position as a platform for the change of experiences
between central banks, the real-time execution of worldwide
funds, and the dialogue of points associated to increasing
monetary inclusion.
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