Baku: Macroeconomic and macrofiscal stability has been ensured in Azerbaijan for a long time, Economy Minister Mikayil Jabbarov said during a dialogue organized within the framework of the Annual Meetings of the Islamic Development Bank in Baku, APA-Economics reports.

According to Azeri-Press News Agency, Jabbarov highlighted that the scale of accumulated fiscal reserves surpasses the country's GDP, enabling Azerbaijan to comfortably implement the modernization phase of its national infrastructure. Additionally, investments in the liberated territories, amounting to approximately 3% of the country's GDP, have continued alongside other development priorities.

He further explained that the substantial macro reserves and quality fiscal management allow Azerbaijan to undertake investments with longer-term returns more confidently.