The International Monetary Fund (IMF) has positively assessed the results achieved in Azerbaijan in diversifying the economy, increasing non-oil revenues and strengthening fiscal sustainability, IMF Deputy Managing Director Bo Li, said during a meeting with First Deputy Finance Minister of Azerbaijan Anar Karimov, APA-Economics reports.
Bo Li spoke about the slowdown in global economic growth and the impact of existing risks in the international economic environment on countries’ development prospects.
He noted that the IMF is ready to continue supporting reforms implemented in Azerbaijan aimed at diversifying the economy and strengthening fiscal sustainability.
The meeting also discussed Azerbaijan’s key macroeconomic indicators, economic development prospects and areas of future cooperation with the IMF.