Azerbaijan is interested in expanding the technical assistance of the International Monetary Fund (IMF) in the areas of state financial management and fiscal reforms.
elchi reports that this was stated by the First Deputy Minister of Finance, Anar Karimov, during a meeting with the Deputy Managing Director of the IMF, Bo Li.
He emphasized the importance of cooperation with the IMF in the areas of state financial management, medium-term budget planning, implementation of fiscal rules, and strengthening institutional capacity.
The First Deputy Minister provided information on the reforms implemented in terms of maintaining macroeconomic stability, diversifying the economy, increasing budget revenues, and monitoring fiscal risks.
Bo Li, in turn, positively assessed the results achieved in Azerbaijan in increasing non-oil revenues and strengthening fiscal sustainability.
He stated that the IMF is ready to continue its support to Azerbaijan in these areas.