A study of recent financial sector reforms and the main results of the development of the banking system of the Republic of Azerbaijan.

Abstract

The purpose of this article is to characterize the main orientations of the development of the financial and credit system in Azerbaijan. Financial sector reforms in Azerbaijan have been under way for a long time, but they have now become a clearly visible qualitative result of the development of the banking system. The main objective of the country's economic policy is to guarantee the macroeconomic balance and the general economic balance. It should be noted that the economic growth model of Azerbaijan of the last decade requires, in our opinion, our own updates. We would like to highlight the main results obtained in the conclusions of modern financial sector reforms in the banking system of the Republic of Azerbaijan.