Azerbaijan holds negotiations with the International Monetary (IMF) Fund and the World Bank (WB) on allocation of 4 bln loan package, the IMF representative told “Financial Times”, AzVision.az reports.
According to him, the IMF and the World Bank delegation will arrive in Baku to discuss the loan package with Azerbaijani government within Jan 28 – Feb 4.
He noted that the loan package could be the first financial assistance to Azerbaijan spurred by plunging oil prices.
Azerbaijan to get $ 4 billion from the IMF and World Bank
28 January 2016
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