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International Monetary Fund to Hold Trilateral Review of Regional Project on Improvement of Public Debts Managements and Development of Public Securities Market in Azerbaijan

Business Materials 13 August 2007 13:58 (UTC +04:00)

Azerbaijan, Baku / Trend corr I. Khalilova / A mission of the International Monetary Fund (IMF) headed by Obert Neavata will begin its visit to Azerbaijan on 10 September to hold a trilateral review of the project on regional technical assistance and expansion of opportunities within the framework of improvement of public debts management and development of public securities market, according to Baku representative office of the IMF. The mission will also include the regional coordinator of the project, Werner Ricky, and an employee of the IMF, Andrea Siviera.

The meetings at the Finance Ministry and the National Bank of Azerbaijan are planned to be held during the visit to last by 13 September.

The project was designed on the base of the experience gained from the previous project on public debts management. It will expand activities in beneficiary countries via support to development of public securities market.

Regional project of the IMF is implemented with technical assistance of the Swiss State Secretariat for Economic Affairs (Seco). The cost of the project makes up $2mln, term of implementation - three years.

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