Accounts Chamber cannot audit Central Bank’s monetary policy

15:50 - 5.06.2023


June 5, Fineko/abc.az. The Milli Majlis Committee on Economic Policy, Industry & Entrepreneurship held a meeting at which it covered the new issues relating to the Central Bank of Azerbaijan.

ABC.AZ reports that CBA chairman Taleh Kazimov, who was present at the meeting, said that there is no such practice in the world for any third organization to come and audit the monetary policy of the country’s Central Bank.

"The Accounts Chamber also understands that it cannot audit the monetary policy of the Central Bank. There was mutual understanding between the institutions. Therefore, the Chamber will be able to check only the administrative and economic activities of the Central Bank," Kazimov said.

 

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