IMF: Risks in Middle East, Central Asia Growing, Including Due to Nagorno-Karabakh Conflict
Uncertainty in the Middle East and Central Asia (MECA) region remains high, given the ongoing conflicts in Afghanistan, Yemen, Libya, Syria and Somalia, and renewed hostilities in the Nagorno-Karabakh conflict zone increase the risks, according to the updated review of the International Monetary Fund (IMF), published October 19.Azerbaijan is included in the MECA region according to the IMF distribution.Taking into account the COVID-19 pandemic, t...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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