  Moody's does not trust Azeri debt calculations May 25, 2017 - 17:52 AMT PanARMENIAN.Net - An unexpected change in the policy of the Azerbaijani government, which decided to share debts between itself and creditors after so many years of support of the International Bank of Azerbaijan (IBA), was a surprise, CIS banking analyst of Moody's rating agency Peter Pakhin has said, according to Report.az. He noted that he does not believe the calculations of the Ministry of Finance of Azerbaijan on debts of the IBA: "I no longer trust the IBA and the reports of the Ministry of Finance. The problems can be deeper than we think." “The process of IBA’s recovery can damage the state budget and prevent financing of foreign projects, "Moody's representative said.   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
