A meeting of the Advisory Committee on Macroeconomic Policy chaired by Daniiar Imanaliev, Minister in charge of Integration and Macroeconomics of the Eurasian Economic Commission, reviewed a report on the results and prospects of socio-economic development and macroeconomic policy measures taken by the Member States in 2025. The Union's combined GDP grew by 1.7%. At the same time, in most countries of the Union, growth rates significantly exceeded the global average. The systemic measures adopted by Member States, including the timely prevention and resolution of imbalances, have ensured macroeconomic stability, as a result of which most key macroeconomic indicators have demonstrated positive dynamics. In order to respond promptly to changing external conditions, participants agreed on the need to monitor and exchange information on the development of the global economic situation and associated risks.
The meeting presented the results of monitoring macroeconomic indicators that determine the sustainability of economic development in the Eurasian Economic Union States through 2025. It highlighted that macroeconomic stability had been maintained in the Union countries over the past year.
Maintaining price stability is one of the priorities of the "Eurasian Five" countries' macroeconomic policy. For these purposes, a comprehensive report titled "On approaches to improving the calculation of the quantitative value of the inflation rate established by Article 63 of the Treaty on the EAEU” was presented at the meeting of the Advisory Committee. The participants reached an agreement to improve the mechanism for calculating the quantitative value of the inflation rate in the Union.
Approaches to developing the draft Main Directions of Economic Development (MDED) of the EAEU were also considered. Experts agreed that the future document should be based on the Eurasian Economic Commission's areas of activity, as well as the development priorities presented in the Union's strategic documents. The planning horizon for the MDED was defined until 2045.
The meeting was attended by representatives of finance and economy ministries and central banks of the EAEU, as well as representatives of the EAEU Observer States and the CIS Executive Committee.
The Advisory Committee on Macroeconomic Policy is an advisory body to the Commission's Board, which prepares opinions, proposals, recommendations and conducts consultations on issues of the agreed macroeconomic policy within the Eurasian Economic Union.
