The Central Bank of Azerbaijan (CBA) plans to discuss the issue of revising the discount rate in mid-June, Elman Rustamov, chairman of the CBA, declared on May 30. “The monitoring of market prices in Azerbaijan held in May showed that inflation continued to decline,” Rustamov said. “In this situation, the issue of revising and mitigating…
The Central Bank of Azerbaijan (CBA) believes attainment of a single-digit rate of inflation by late 2017 is feasible, CBA head Elman Rustamov said on May 30. “The forecasts of international organizations, including the International Monetary Fund and the World Bank, for the rate of change of consumer prices in Azerbaijan are positive,” he said.…
DTEK Prydniprovska Thermal Power Plant re-connected one of its power units to the grid. DTEK Kryvorizka TPP reactivated its powers units earlier. Thus, the thermal power plants have confirmed their readiness to ensure stable operation of Ukraine’s energy system during summer peaks. This is the first unit reactivation since April when DTEK Prydniprovska and Kryvorizka…