Seco provides technical assistance to calculate alternative inflation in Azerbaijan
Azerbaijan, Baku, December 2 / Trend , I.Khalilova /
To calculate the alternative inflation in Azerbaijan, Center for Economic Research NGO has received next technical assistance from international organizations. Up to now, within the project to develop an alternative methodology for calculating inflation, funds have been attracted from the U.S. Agency for International Development (USAID) and the Hungarian Foundation for Institutional Assistance Open Society Institute.
The NGO signed the new contract with the Swiss State Secretariat for Economic Affairs (Seco). The head of the national program of Seco Naila Safarova said on Dec. 2 that the contract duration is 13 months, and the budget is $96,000.
"Technical assistance by Seco is envisaged for calculating, modeling and calculating inflation through an alternative method," said Safarova. According to her, the project began to be realized from Dec. 1.
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