IMF says Azerbaijani gov't not requested a loan

13 September 2017 16:58 (UTC+04:00)

By  Trend

The International Monetary Fund (IMF) has no plans to resume lending to Azerbaijan in near future as the Azerbaijani government has not requested this from the IMF.

Jihad Azour, director of the IMF Middle East and Central Asia Department made the remarks at a press conference in Baku on September 13.

The IMF forecasts growth of Azerbaijan's economy by 2 percent in 2018, said Jihad Azour.  This forecast is preliminary and may be adjusted by the end of 2017, according to Azour.

An IMF mission will visit Azerbaijan in the first half of December, he added.

He noted that the mission’s goal will be to discuss forecasts on Azerbaijan’s 2018 state budget and the results of implementation of economic reforms in the country.

 

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