Edward Prescott, who received Nobel Memorial Prize in Economics in 2004, has hailed the economic reforms in Azerbaijan. He visited the Center for Economic Reforms Analysis and Communication as part of his participation in the 5th Baku International Humanitarian Forum.

Azerbaijan’s insurance market provides all necessary conditions for local and foreign investors, Rufat Aslanli, Chairman of the Board of Directors of Financial Market Supervisory Body said while addressing the 7th Azerbaijan International Insurance Forum (AIIF - 2016) on June 23.

The Asian Development Bank (ADB) contributes greatly to supporting the country's economic reforms and implementation of structural improvements in Uzbekistan, Uzbek President Islam Karimov said, while receiving ADB President Takehiko Nakao on November 21, the Uzbek news agency (UzA) reported.