BAKU, Azerbaijan, May 19. Our decision to, after nearly [30] years, close the International Monetary Fund’s (IMF) office in Baku reflects the strong performance of Azerbaijan’s economy and its large financial buffers, IMF spokesperson told TurkicWorld.
"The IMF does not expect in the foreseeable future any lending arrangement with the country, which is usually the reason for a continued local presence. Nonetheless, the IMF’s close engagement with Azerbaijan will continue, including through regular visits to discuss economic and financial policies and by providing technical assistance when requested," said IMF.
Will be updated
