Azerbaijan, Baku, April 22 /Trend Capital/

Azerbaijani manat's preserving its stabile rate while national currencies were subject to devaluation in the Central and Eastern Europe and CIS member states is a positive factor, AzTV television channel quoted Azerbaijani President Ilham Aliyev as saying at the Cabinet of Ministers meeting on results of socio-economic development in Q1 of 2009.

Azerbaijani President stressed a need to strengthen financial discipline in the country.

"Although world crisis paralyzed economies of several neighbor states, it did not affect Azerbaijan," President Aliyev said.

President said he is confident of successful implementation of forthcoming tasks and further strengthening of Azerbaijan.

According to the Central Bank, Azerbaijani manat consolidated 0.25 percent against dollar since the beginning of the year.