Azerbaijan has set five strategic objectives and 16 priorities for the development of financial services by 2020.

The set objectives and priorities are reflected in the Strategic Road Map for Development of Financial Services in Azerbaijan, published Dec. 14.

The strategic objectives are the formation of a financial system consisting of dynamic and strong financial institutions, development of financial markets, strengthening of infrastructure, improvement of regulation and supervision mechanisms, and improvement of financial literacy. Read the full story AZERBAIJAN sets 5 goals to develop financial services by 2020