Azerbaijan Turns to IMF, World Bank After Collapse in Crude

  • Government has no urgent need to borrow, finance minister says
  • Azeri manat has slumped in response to collapse in oil prices

Azeri officials met for talks with the International Monetary Fund as the former Soviet Union’s third-largest oil exporter reels from the collapse in crude prices, with Finance Minister Samir Sharifov saying the government isn’t yet asking outside lenders for financial aid.

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