Azerbaijan is interested in expanding the International Monetary Fund’s (IMF) technical assistance in public financial management and fiscal reforms, First Deputy Finance Minister Anar Karimov said, APA-Economics reports.
He made the remarks during a meeting with IMF Deputy Managing Director Bo Li.
Karimov emphasized the importance of cooperation with the IMF in public financial management, medium-term budget planning, the application of fiscal rules, and strengthening institutional capacity.
The first deputy minister provided information on reforms being carried out to maintain macroeconomic stability, diversify the economy, increase budget revenues, and monitor fiscal risks.
Bo Li, in turn, positively assessed the results achieved in increasing Azerbaijan’s non-oil revenues and strengthening fiscal sustainability.
He said the IMF is ready to continue supporting Azerbaijan in these areas.
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