Azerbaijan's Central Bank, Int'l Monetary Fund mull future cooperation PHOTO

The Central Bank of Azerbaijan (CBA) and the International Monetary Fund (IMF) discussed the current state and future directions of cooperation.

"We met today with a delegation led by the Head of the IMF Mission to Azerbaijan, the Middle East and Central Asia Anne Bordeaux, who was on a visit to our country,” Caliber.Az reports per CBA chairman Taleh Kazimov’s Twitter post.

Bu gün Mərkəzi Bankda ölkəmizdə səfərdə olan Beynəlxalq Valyuta Fondunun (#BVF) Azərbaycan, Orta Şərq və Mərkəzi Asiya üzrə missiyasının rəhbəri Anna Bordonun rəhbərlik etdiyi nümayəndə heyəti ilə görüşdük. Görüş zamanı #Azərbaycan Mərkəzi Bankı və #BVF arasında əməkdaşlığın cari… pic.twitter.com/qt82thgqaP

— Taleh Kazimov (@TalehKazimov_T) June 19, 2023

During the meeting, the sides also discussed the work to be done in preparation for consultations on Article IV of the IMF Articles of Agreement and the IMF support program for Azerbaijan's future development.

The IMF was established in 1944 in the aftermath of the Great Depression of the 1930s. Some 44 founding member countries sought to build a framework for international economic cooperation. Today, its membership embraces 190 countries, with staff drawn from 150 nations.

The IMF is governed by and accountable to those 190 countries that make up its near-global membership.