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IMF: We support privatization of IBA without delaying

IMF: We support privatization of IBA without delaying

01 November 2011 16:05 (UTC +04:00)

â€œWe support privatization of IBA transparently and without delaying. I canâ€™t say when it will be completed. But the advisers work on the direction. A special strategy will be developed by the middle of next year and this will support the privatizationâ€, he added.

About increase of privatization on the account of subordinated credits from Central Bank, Nadim Ilahi noted that, discussion were held with CBA and different scenarios will be discussed at the government.

Remind that, IBA has been in operation since 1992.

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