Baku has today hosted the annual conference of the Parliamentary Network on the World Bank and the IMF. SIA reports that greeting the guests President of Parliament Network, Belgian MP Alan Destex expressed his gratitude to President Ilham Aliyev for being in Baku. The guest also noted that representatives of 72 countries attend the conference: "Baku is a very beautiful city. We express our deep gratitude to Azerbaijani MP Elkhan Suleymanov for highly development of relations between Azerbaijan and Europe."
Addressing to the conference, WB Vice-President for External Affairs Cyril Muller has stated that Azerbaijan has great potential and demonstrates all the signs of economic growth.
In his video message IMF Managing Director Christine Lagarde said that cooperation with parliamentarians is an important element of international cooperation.
"We try to meet regularly to establish and develop relationships," Lagarde said.
In turn, the chairman of the Central Bank of Azerbaijan, Elman Rustamov, said that the country’s foreign reserves are equivalent to 70% of GDP.
"The poverty rate is 4-fold less than the global level: on average 21% around the world and 6% in Azerbaijan," Rustamov said.
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