"As for the negative impact of the pandemic on the country's economy, this is also inevitable. Leading international financial institutions already note that the crisis that may arise and is arising in the aftermath of the pandemic will be even harsher than the one of 2008-2009. This was stated by the leaders of the International Monetary Fund," President of the Republic of Azerbaijan Ilham Aliyev said at a meeting on the socio-economic results of the first quarter of 2020 through videoconference, on April 14, APA reports.
"At the same time, we know that more than 150 countries have turned to the International Monetary Fund and the World Bank for help. That is, the absolute majority of the world community already feels the need for help and has applied for it. Azerbaijan is not on this list. I believe that we will come out of this situation with dignity – I am sure of that – and this will once again show that all our steps are thought-out and meet the interests of the people and the state," said Mr President Ilham Aliyev.
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