Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) met with the delegation of International Monetary Fund (IMF) on May 20, 2016.

During the meeting macroeconomic situation in Azerbaijan, fiscal policy, last developments in financial and banking sectors, SOFAZ’s financial results in 2016, economic reforms in the country, foreign exchange policy, prospective cooperation between Azerbaijan and IMF and other issues were discussed.