IMF welcomes Azerbaijan's achievements in growth of non-oil revenues
Azerbaijan, Baku, Nov. 8 /Trend A.Akhundov/
The International Monetary Fund (IMF) welcomed Azerbaijan's achievements in the areas of growth in non-oil revenues, improve the efficiency of public spending and sustainable growth of the private non-oil sector, new head of the IMF mission to Azerbaijan Raja Al Marzugi said today during a meeting with the Minister of Finance Samir Sharifov in Baku, the ministry said on Thursday.
The head of the IMF mission noted the macroeconomic and financial stability, which is observed in Azerbaijan.
The minister said Azerbaijan attaches great importance to cooperation with the IMF.
"The Fund has made a great contribution to the economic development programs implemented in the country," Sharifov said.
The meeting focused on recent macroeconomic developments and prospects in Azerbaijan, the non-oil sector development, improvement of the business environment in the country, regional and international projects in which Azerbaijan is participating, the execution of the state budget in 2012 and the characteristics of the draft state and consolidated budgets for 2013 and subsequent three years, as well as other issues.