IMF allocates funds of more than AZN 0.9 bln. to Azerbaijan

International Monetary Fund (IMF)

© APA | International Monetary Fund (IMF)

# 24 August 2021 09:34 (UTC +04:00)

International Monetary Fund (IMF) has allocated Special Drawing Rights (SDRs) of USD 650 bln. to member countries within the framework of the provision of long-lasting global needs, creation of confidence, and strengthening global economic sustainability and stability, APA-Economics reports citing IMF.

375,4 mln. SDR (AZN 905,24 mln.) has been allocated to Azerbaijan by the Fund within the framework of the financial allocation, which is considered the largest allocation in history and comes into force on August 23.

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