IMF called for development of state bonds market in Azerbaijan
Baku, Fineko/abc.az. IMF has revealed the tool of instruments recommended by it in medium term to be applied for inflation regulation within survey of Azerbaijan on clause IV.
Today at the video conference between Baku and Washington head of IMF mission for the country Nadim Ilahi said that exchange rate applied at present to this end is a short term mechanism.
"Application of more flexible exchange rate and such tools as development of state bonds market, expansion of private sector participation at this market will be needed in medium term",- N. Ilahi said.
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