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Monday April 14 2025

IMF urges Azerbaijan to accelerate private sector reforms, improve investment climate

10 April 2025 11:25 (UTC+04:00)
IMF urges Azerbaijan to accelerate private sector reforms, improve investment climate
Akbar Novruz
Akbar Novruz
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The International Monetary Fund (IMF) is calling on the Azerbaijani government to step up efforts to attract private investment, reduce fiscal risks, and implement reforms in three strategic areas: state-owned enterprise governance, anti-corruption policy, and financial sector development. According to Azernews, the Fund emphasised that the strategic roadmap “Azerbaijan 2030” places the private sector at the center of economic growth, employment, and investment. While acknowledging progress in simplifying business and licensing procedures, the IMF stressed the importance of deeper structural changes to sustain momentum.

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