Vienna:Rashad Najafli, the Deputy Head of the Economic Analysis Department at the Center for Analysis of Economic Reforms and Communication (CAERC), represented Azerbaijan in an international training program on 'Financial Crisis Management' held in Vienna, Austria.

According to Azerbaijan State News Agency, the training was organized by the Joint Vienna Institute (JVI) of the International Monetary Fund (IMF), in collaboration with Yale University's Financial Stability Program. It focused on providing both theoretical knowledge and practical tools aimed at strengthening the resilience of financial systems, enhancing crisis preparedness, and effectively managing financial crises.

The program delved into several critical issues, such as early identification of banking sector risks, supervision of banks experiencing financial difficulties, provision of liquidity support during crises, and coordination among relevant institutions. Key topics also included international practices in bank restructuring, cross-border crisis management, and the resolution of non-performing assets.

Participation in this training offered Najafli the chance to explore international approaches to financial risk analysis and macroeconomic resilience assessment. It also provided a platform for exchanging experiences with specialists from various countries.