World Bank

World Bank: Georgia leads in fighting corruption

Georgia has reached a historic high in terms of effectiveness of corruption control and governance, according to the World Bank report 'Worldwide Governance Indicators'. Georgia scored 77.40% on Control of Corruption 100% scale, …

 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 …