Day: February 2, 2026

The Central Bank of the Republic of Azerbaijan (CBAR) is set to announce its first monetary policy decision of 2026 on February 4, in line with its official schedule for the public disclosure of interest rate decisions.
The announcement will concern the parameters of the interest rate corridor, which remains a key instrument of the Central Bank’s monetary policy framework. The upcoming decision is expected to provide important signals to financial markets, businesses, and households regarding the future direction of monetary conditions in the country.
The most recent adjustment to the interest rate corridor was made by the Board of the Central Bank on December 10, 2025. Under that decision, all parameters of the corridor were reduced by 0.25 percentage points. As a result, the benchmark interest rate was lowered to 6.75 per cent, while the lower bound of the interest rate corridor was set at 5.75 per cent and the upper bound at 7.75 per cent. The decision entered into force on December 11, 2025.

Georgian Dream Prime Minister Irakli Kobakhidze and some of his cabinet members are visiting the United Arab Emirates from February 2 to 5.

It is Kobakhidze’s second official foreign trip this year and, again, to the UAE, after he visited Abu Dhabi in mid-January to attend Abu Dhabi Sustainability Week.

Kobakhidze arrived in Dubai on February 2. The Georgian Dream delegation, led by him, also includes Defense Minister Irakli Chikovani, Foreign Affairs Minister Maka Botchorishvili, Economy Minister Mariam Kvrivishvili, Justice Minister Paata Salia, Education Minister Givi Mikanadze, and Head of Government Administration Levan Zhorzholiani.

According to a government press release, Kobakhidze will participate in the World Governments Summit (WGS), held in Dubai from February 3 to 5. He will deliver a speech at the summit and take part in a roundtable discussion on the “future of investments,” the government administration said. Bilateral meetings are also scheduled as part of the visit.

Georgian Dream government officials were, for the second consecutive year, not invited to attend the World Economic Forum in Davos, amid deteriorating relations with the country’s traditional Western partners.

More to follow…

Also Read:

• 25/11/2025 – ‘6.5 Bln Investment’ By Emirati Company Draws Questions, Controversies
• 20/09/2025 – Ivanishvili, Kobakhidze Host UAE Leader in Tbilisi
• 27/01/2025 – Georgian Dream PM Kobakhidze Visits UAE
• 11/10/2023 – Georgia and UAE Sign Comprehensive Economic Partnership Agreement (CEPA)