BAKU, Azerbaijan, November 18. Forecasts indicate that Azerbaijan's inflation rate will reach 5.8 percent in the year 2025, Chairman of Azerbaijan's Central Bank Taleh Kazimov said, Trend reports.
He made the announcement at today's meeting of the Azerbaijani Parliament Committee on Economic Policy, Industry, and Entrepreneurship while discussing the draft law “On the State Budget of the Republic of Azerbaijan for 2025.”
“The enhancement of the nominal effective exchange rate of the manat in the upcoming year will decrease inflation by 2.1 percentage points,” he added.
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