Azerbaijan set to host prestigious World Bank and IMF meetings in 2029

BAKU, Azerbaijan, October 7. Azerbaijan has
been shortlisted as a candidate to host the 2029 annual meeting of
the International Monetary Fund (IMF), the country’s First Deputy
Minister of Finance Anar Karimov said, Trend reports.

He made the remark at the Azerbaijan Halal Business Forum
(AZHAB).

Karimov stressed that Azerbaijan will host an assessment mission
in December this year in connection with this: “Our cooperation
with the Islamic Development Bank Group, the World Bank, and the
Asian Development Bank is expanding. Next year, Azerbaijan will
host the annual meeting of the Islamic Development Bank. This
creates a significant opportunity to keep halal certification and
Islamic finance issues in mind.”

The Deputy Minister noted that “the combination of innovation
and responsibility allows us to create not only strong but also
reliable systems.”

“Islamic finance, halal business, and sound fiscal policy are
all aimed at achieving the conditions for equitable, sustainable,
and inclusive prosperity,” Karimov said.