Minister of Finance of the Republic of Azerbaijan Samir Sharifov made a business visit to the Islamic Republic of Pakistan, the United Arab Emirates (UAE) and India on February 19-21***As of January 1st, 2018, the external public debt of the Republic of Azerbaijan constituted 9,398.3 million US dollars (equivalent 15,978.1 million manat). The Debt to the Gross Domestic Product ratio stands at 22.8 percent (based on 2017 GDP of AZN 70,135.1 mln)******

Samir Sharifov attends meeting of Election Group of IMF and World Bank

Samir Sharifov attends meeting of Election Group of IMF and World Bank


A meeting of the Election Group of the International Monetary Fund (IMF) and the World Bank, which features Azerbaijan, kicked off in the Polish capital of Warsaw on July 1.

Co-organized by Poland`s National Bank and Ministry of Finance, the meeting will end on July 2. Azerbaijan is represented at the event by Minister of Finance Samir Sharifov.

Participants in the meeting include high-ranking state and government officials of member countries of the IMF and the World Bank and representatives of international financial institutions. The meeting will see an open interactive discussion on issues holding interest for member countries of the Election Group taking into consideration global and regional prospects.

The event will also feature panel discussions on “Managing Capital Flows” and “Innovation, Growth, and the Role of the State”.

The minister of finance is scheduled to hold several bilateral meetings during his visit.