Ways of assistance in the implementation of big investment projects will be discussed at a next meeting of the Guardian Board of the Investment Promotion and Facilitation Fund (IPFF), on June 28th.
Following the announcement, Fund president Emil Majidov told Trend that the meeting would also discuss a report (on strategic activities of the Fund) by the Multilateral Investment Guarantee Agency, an arm of the World Bank.
The document consists of two parts, which set out issues of assistance to the IPFF by the government and donors, as well as the Fund’s primary responsibilities, including the approval of priority sectors, investors, etc. The document also unveils some shortcomings in the existing normative base.
Finally, it is planned to discuss the possibilities of setting up a non-governmental organization to lobby for small- and medium-size busin