Debt consultancy centers can be established in Azerbaijan

Baku. 23 November. REPORT.AZ/ Debt consultancy centers can be established in Azerbaijan in the future. 

Report informs, Director of Baku office of International Finance Corporation (IFC) Aliya Azimova said.

“IFC has significant experience in creation of debt consultancy centers. Azerbaijan has a big potential in this field. Creation of such centers may prevent people from incurring exceeding debts. It is important to create debt consultation mechanisms”, Azimova told.

A.Azimova stated that currently Azerbaijan is under economical pressure. Trade imbalance negatively affects financial sector.

According to her, in the future they may launch number of projects in Azerbaijan, including projects on business management for farmers.