World Bank

 Azerbaijan becoming more attractive for business

Azerbaijan is among notable reformers in Europe and Central Asia region, the World Bank said in its Doing Business 2018 report. Azerbaijan ranked 57th among 190 countries in the Doing Business 2018. The distance to frontier score stood …

EBRD ready to allocate $500 mln loan to TANAP

Azerbaijan’s Southern Gas Corridor Closed Joint Stock Company may receive $500 million loan for the Trans Anatolian Natural Gas Pipeline (TANAP) from the European Bank for Reconstruction and Development (EBRD) . A decision on …

 World Bank: 'classic' crises remain in the past

Classic crises with the decline and systematic restoration of economies remained in the past, the World Bank Chief Executive Officer Kristalina Georgieva said at the St. Petersburg International Economic Forum. "I …

World Bank expects Russia’s economy to grow

The World Bank expects Russia’s economy will expand moderately over the next three-year period, with growth rates are seen at 1.3% and 1.4%. "We expect the Russian economy to grow 1.3% in 2017 and 1.4% both in 2018 and …

World Bank to help Georgia to carry out reforms

The World Bank will provide Georgia with a loan of 47.2 million euros for economic development. Money will be allocated in the framework of Second Inclusive Growth Programmatic Development Policy Operation for Georgia – DPO-2. …

World Bank's new energy rating: Russia among leaders

Russia entered the prosperous "green zone" on the basis of the World Bank's new survey evaluating the stability of the energy policy in 111 countries. Russia occupies the 27th place in the leading group with 77 points …