{"id":72855,"date":"2018-12-26T13:18:12","date_gmt":"2018-12-26T09:18:12","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-29T20:00:00","slug":"","status":"publish","type":"post","link":"https:\/\/ucnoqta.az\/?p=72855","title":{"rendered":"AMB u\u00e7ot d\u0259r\u0259c\u0259sini sabit saxlay\u0131b"},"content":{"rendered":"<p><strong>Az\u0259rbaycan Respublikas\u0131 M\u0259rk\u0259zi Bank\u0131n\u0131n \u0130dar\u0259 Hey\u0259ti faiz d\u0259hlizi parametrl\u0259rinin d\u0259yi\u015fm\u0259z saxlan\u0131lmas\u0131 haqda q\u0259rar q\u0259bul edib.<\/strong><\/p>\n<p>AMB-d\u0259n veril\u0259n m\u0259lumata g&ouml;r\u0259, q\u0259rara \u0259sas\u0259n u&ccedil;ot d\u0259r\u0259c\u0259si 9.75%, faiz d\u0259hlizinin yuxar\u0131 h\u0259ddi 11.75%, a\u015fa\u011f\u0131 h\u0259ddi is\u0259 7.75% (&plusmn;2%-lik simmetrik diapazonda) s\u0259viyy\u0259sind\u0259 saxlan\u0131lm\u0131\u015fd\u0131r. Q\u0259rar 26 dekabr 2018-ci il, saat 14:00-dan q&uuml;vv\u0259y\u0259 minir.<br \/>\nM\u0259lumatda qeyd olunub ki, \u0130dar\u0259 Hey\u0259tinin pul siyas\u0259tin\u0259 h\u0259sr edilmi\u015f son toplant\u0131s\u0131ndan ke&ccedil;\u0259n d&ouml;vrd\u0259 inflyasiya azalmaqda davam edib. 2018-ci ilin sonuna orta illik inflyasiyan\u0131n t\u0259xmin\u0259n haz\u0131rki s\u0259viyy\u0259d\u0259 qalaca\u011f\u0131 g&ouml;zl\u0259nilir.<\/p>\n<p>Bildirilib ki, dayan\u0131ql\u0131 makroiqtisadi &ccedil;\u0259r&ccedil;iv\u0259 riskl\u0259r balans\u0131nda ba\u015fl\u0131ca sabitl\u0259\u015fdirici amildir: &quot;Bu \u015f\u0259raitd\u0259 faiz d\u0259hlizi parametrl\u0259rinin d\u0259yi\u015fm\u0259z saxlan\u0131lmas\u0131 xarici m&uuml;hitd\u0259ki qeyri-m&uuml;\u0259yy\u0259nlikl\u0259rl\u0259 izah olunur. Perspektivd\u0259 pul siyas\u0259tinin reaksiyas\u0131 inflyasiya amill\u0259rinin dinamikas\u0131, davaml\u0131l\u0131\u011f\u0131 v\u0259 &ouml;t&uuml;r&uuml;c&uuml;l&uuml;y&uuml;nd\u0259n as\u0131l\u0131 olacaq. Son iki ayda inflyasiyada azalma meyili davam edib. 2018-ci ilin 11 ay\u0131nda orta illik inflyasiya 2.3% t\u0259\u015fkil etmi\u015fdir ki, bu da h\u0259d\u0259f interval\u0131ndan \u0259h\u0259miyy\u0259tli a\u015fa\u011f\u0131d\u0131r. M&ouml;vs&uuml;mi amill\u0259rin t\u0259siril\u0259 noyabrda \u0259rzaq inflyasiyas\u0131 bir q\u0259d\u0259r artm\u0131\u015fd\u0131r. Lakin qeyri-\u0259rzaq m\u0259hsullar\u0131 v\u0259 pullu xidm\u0259tl\u0259rin a\u015fa\u011f\u0131 templi qiym\u0259t d\u0259yi\u015fimi, habel\u0259 monetar amill\u0259r bu art\u0131m\u0131 neytralla\u015fd\u0131rm\u0131\u015fd\u0131r. N\u0259tic\u0259d\u0259 ayl\u0131q inflyasiya 0.6% s\u0259viyy\u0259sind\u0259 q\u0259rarla\u015fm\u0131\u015fd\u0131r. \u0130stehlak qiym\u0259tl\u0259rinin cari dinamikas\u0131 v\u0259 manat\u0131n dayan\u0131ql\u0131 m\u0259z\u0259nn\u0259si inflyasiya g&ouml;zl\u0259ntil\u0259rini stabill\u0259\u015fdir\u0259n \u0259sas amill\u0259r olaraq qal\u0131r. Eyni zamanda cari ild\u0259 pul siyas\u0259tinin yum\u015fald\u0131lmas\u0131 istiqam\u0259tind\u0259 ard\u0131c\u0131l q\u0259rarlar bazar subyektl\u0259rinin inflyasiya g&ouml;zl\u0259ntil\u0259rin\u0259 azald\u0131c\u0131 t\u0259sir g&ouml;st\u0259rmi\u015fdir. Biznes sektorunun inflyasiya g&ouml;zl\u0259ntil\u0259ri &ouml;t\u0259n iki ayda ticar\u0259t v\u0259 xidm\u0259t sektorunda azalm\u0131\u015f, qeyri-neft emal s\u0259nayesi v\u0259 tikintid\u0259 artm\u0131\u015fd\u0131r. Ev t\u0259s\u0259rr&uuml;fatlar\u0131n\u0131n inflyasiya g&ouml;zl\u0259ntil\u0259ri m&uuml;xt\u0259lif g\u0259lir qruplar\u0131 &uuml;zr\u0259 f\u0259rqlidir. Son proqnozlara g&ouml;r\u0259 2018-ci ilin sonuna inflyasiyan\u0131n 2.3% \u0259traf\u0131nda q\u0259rarla\u015faca\u011f\u0131 g&ouml;zl\u0259nilir&quot;.<\/p>\n<p>Qeyd olunub ki, 2018-ci ilin 11 ay\u0131nda xarici ticar\u0259t balans\u0131nda &Uuml;DM-in t\u0259xmin\u0259n 18%-i s\u0259viyy\u0259sind\u0259 m&uuml;sb\u0259t saldo yaranm\u0131\u015fd\u0131r. Bu d&ouml;vrd\u0259 &ouml;t\u0259n ilin eyni d&ouml;vr&uuml; il\u0259 m&uuml;qayis\u0259d\u0259 qeyri-neft ixrac\u0131 11%, qeyri-neft idxal\u0131 is\u0259 33% artm\u0131\u015fd\u0131r.<\/p>\n<p>M\u0259lumatda h\u0259m&ccedil;inin bildirilib ki, 2018-ci ilin yekunu &uuml;zr\u0259 t\u0259diy\u0259 balans\u0131n\u0131n \u0259h\u0259miyy\u0259tli profisitli olaca\u011f\u0131 v\u0259 &ouml;lk\u0259nin strateji valyuta ehtiyatlar\u0131n\u0131n art\u0131m\u0131 g&ouml;zl\u0259nilir: &quot;Lakin, beyn\u0259lxalq konyunkturda son iki ayda yeni meyill\u0259r m&uuml;\u015fahid\u0259 edilir v\u0259 neftin qiym\u0259ti cari ild\u0259ki pik s\u0259viyy\u0259si il\u0259 m&uuml;qayis\u0259d\u0259 \u0259h\u0259miyy\u0259tli azalm\u0131\u015fd\u0131r. Pul-kredit siyas\u0259tinin xarici m&uuml;hitind\u0259 ba\u015f ver\u0259n d\u0259yi\u015fiklikl\u0259r v\u0259 qeyri-m&uuml;\u0259yy\u0259nlikl\u0259r diqq\u0259td\u0259 saxlanacaq. \u0130qtisadi art\u0131m pozitiv dinamikan\u0131 saxlay\u0131r v\u0259 potensial s\u0259viyy\u0259y\u0259 yax\u0131nla\u015f\u0131r. 2018-ci ilin 11 ay\u0131nda iqtisadi art\u0131m 1%, o c&uuml;ml\u0259d\u0259n qeyri-neft sektorunda 1.4% olmu\u015fdur. Qeyri-neft sektorunda art\u0131m \u0259sas\u0259n ticari sektordan qaynaqlanm\u0131\u015fd\u0131r. Qeyri-neft s\u0259nayesind\u0259 8.7%, k\u0259nd t\u0259s\u0259rr&uuml;fat\u0131nda 4.6% art\u0131m olmu\u015fdur&quot;.<\/p>\n<p>M\u0259rk\u0259zi Bank t\u0259r\u0259find\u0259n apar\u0131lan real sektorun monitorinqi \u0259sas\u0131nda hesablanan biznes inam indeksi qeyri-neft emal\u0131, ticar\u0259t v\u0259 xidm\u0259t sektorlar\u0131 &uuml;zr\u0259 y&uuml;ks\u0259lmi\u015f, tikinti &uuml;zr\u0259 a\u015fa\u011f\u0131 d&uuml;\u015f&uuml;b. AMB-d\u0259n bildirilib ki, ev t\u0259s\u0259rr&uuml;fat\u0131 &uuml;zr\u0259 sor\u011fular\u0131n n\u0259tic\u0259l\u0259rin\u0259 \u0259sas\u0259n istehlak&ccedil;\u0131 inam\u0131 indeksi pozitiv zonadad\u0131r: &quot;A\u015fa\u011f\u0131 inflyasiya \u015f\u0259raitind\u0259 \u0259halinin real g\u0259lirl\u0259rinin art\u0131m\u0131 v\u0259 istehlak kreditl\u0259\u015fm\u0259sinin b\u0259rpas\u0131 istehlak\u0131n art\u0131m\u0131n\u0131 d\u0259st\u0259kl\u0259y\u0259n \u0259sas amill\u0259rdir&quot;.<\/p>\n<p>AMB b\u0259yan edib ki, riskl\u0259r balans\u0131nda tarazl\u0131q qorunmaqdad\u0131r: &quot;Ba\u015fl\u0131ca sabitl\u0259\u015fdirici amil kimi dayan\u0131ql\u0131 makroiqtisadi &ccedil;\u0259r&ccedil;iv\u0259 fundamental rol oynay\u0131r. Lakin bu balans dinamik xarakter da\u015f\u0131y\u0131r v\u0259 bir s\u0131ra xarici v\u0259 daxili prosesl\u0259r inflyasiyan\u0131n art\u0131r\u0131c\u0131 risk amill\u0259rini aktivl\u0259\u015fdir\u0259 bil\u0259r. Xarici amill\u0259r\u0259 d&uuml;nya neft bazar\u0131nda qiym\u0259tl\u0259 ba\u011fl\u0131 qeyri-m&uuml;\u0259yy\u0259nlikl\u0259r, ticar\u0259t t\u0259r\u0259fda\u015flar\u0131n\u0131n maliyy\u0259 bazarlar\u0131nda m\u0259z\u0259nn\u0259 d\u0259yi\u015fk\u0259nliyi v\u0259 bu &ouml;lk\u0259l\u0259rd\u0259 inflyasiyan\u0131n y&uuml;ks\u0259lm\u0259si aiddir. Bunlar Az\u0259rbaycan iqtisadiyyat\u0131na ticar\u0259t, investisya ax\u0131nlar\u0131, pul baratlar\u0131 v\u0259 g&ouml;zl\u0259ntil\u0259r vasit\u0259sil\u0259 d\u0259 t\u0259sir g&ouml;st\u0259rir. \u0130nflyasiyaya t\u0259sir ed\u0259 bil\u0259n daxili amill\u0259r\u0259 daxili t\u0259l\u0259bin geni\u015fl\u0259nm\u0259si aiddir. N\u0259z\u0259rd\u0259 tutulan g\u0259lir vergisi islahat\u0131 \u0259halinin g\u0259lirl\u0259rini art\u0131ra v\u0259 bu \u0259sasda iqtisadi art\u0131m\u0131 d\u0259st\u0259kl\u0259m\u0259kl\u0259 b\u0259rab\u0259r inflyasiyan\u0131n t\u0259l\u0259b amill\u0259rini d\u0259 f\u0259alla\u015fd\u0131ra bil\u0259r. Dig\u0259r t\u0259r\u0259fd\u0259n istehlak kreditl\u0259\u015fm\u0259sinin aktivl\u0259\u015fm\u0259sinin daxili t\u0259l\u0259b\u0259 v\u0259 idxala t\u0259siri makroprudensial siyas\u0259tl\u0259 qabaqlay\u0131c\u0131 rejimd\u0259 t\u0259nziml\u0259nm\u0259lidir&quot;.<\/p>\n<p>AMB-d\u0259 hesab edirl\u0259r ki, faiz d\u0259hlizinin m&ouml;vcud parametrl\u0259ri milli valyutada y\u0131\u011f\u0131mlar\u0131n c\u0259lbediciliyini d\u0259st\u0259kl\u0259m\u0259kl\u0259 \u0259halinin antiinflyasiya davran\u0131\u015f\u0131na z\u0259min yarad\u0131r: &quot;Dig\u0259r t\u0259r\u0259fd\u0259n pul t\u0259klifinin geni\u015fl\u0259nm\u0259si makroiqtisadi sabitliy\u0259 x\u0259l\u0259l g\u0259tirm\u0259d\u0259n iqtisadi aktivliyi d\u0259st\u0259kl\u0259yir. 11 ayda manatla geni\u015f pul k&uuml;tl\u0259si 13.3% artm\u0131\u015fd\u0131r&quot;.<\/p>\n<p>M\u0259rk\u0259zi Bank u&ccedil;ot d\u0259r\u0259c\u0259sinin v\u0259 faiz d\u0259hlizinin parametrl\u0259rinin d\u0259yi\u015fdirilm\u0259sini inflyasiyaya xarici v\u0259 daxili amill\u0259rin t\u0259sirini qiym\u0259tl\u0259ndirm\u0259k \u0259sas\u0131nda h\u0259yata ke&ccedil;ir\u0259c\u0259k.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Az\u0259rbaycan Respublikas\u0131 M\u0259rk\u0259zi Bank\u0131n\u0131n \u0130dar\u0259 Hey\u0259ti faiz d\u0259hlizi parametrl\u0259rinin d\u0259yi\u015fm\u0259z saxlan\u0131lmas\u0131 haqda q\u0259rar q\u0259bul edib. AMB-d\u0259n veril\u0259n m\u0259lumata g&ouml;r\u0259, q\u0259rara \u0259sas\u0259n u&ccedil;ot d\u0259r\u0259c\u0259si 9.75%, faiz d\u0259hlizinin yuxar\u0131 h\u0259ddi 11.75%, a\u015fa\u011f\u0131&hellip;<\/p>\n","protected":false},"author":1,"featured_media":251278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[88],"tags":[],"class_list":["post-72855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomika"],"_links":{"self":[{"href":"https:\/\/ucnoqta.az\/index.php?rest_route=\/wp\/v2\/posts\/72855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ucnoqta.az\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ucnoqta.az\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ucnoqta.az\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ucnoqta.az\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72855"}],"version-history":[{"count":0,"href":"https:\/\/ucnoqta.az\/index.php?rest_route=\/wp\/v2\/posts\/72855\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ucnoqta.az\/index.php?rest_route=\/wp\/v2\/media\/251278"}],"wp:attachment":[{"href":"https:\/\/ucnoqta.az\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ucnoqta.az\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ucnoqta.az\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}