Azerbaijan and World Bank

"World Bank happy to partner with Azerbaijan"

The World Bank is happy to partner with the Azerbaijani government in implementing many reforms, Regional Director of the World Bank for the South Caucasus Mercy Tembon said. According to her, the cooperation …

Azerbaijan and WB to sign loan deal on TANAP

Today Baku will host a ceremony for signing of a loan agreement between Azerbaijan and the World Bank on the Trans Anatolian Natural Gas Pipeline (TANAP) project, the WB Baku office said. The signing ceremony will be held as part of the …

 WB ready to determine actual value of manat

The World Bank has published conditions for determining the actual value of the Azerbaijani currency. WB chief economist for Europe and Central Asia, Hans Timmer, said that if necessary conditions are created, the …

World Bank ready to double aid to IDPs in Azerbaijan

The World Bank (WB) is ready to double aid to internally displaced persons in Azerbaijan within the framework of existing programs, a report of the Central Bank's office reports. "The new additional financing of the …

IMF and World Bank delegation arrives in Baku

A delegation consisting of International Monetary Fund and World Bank members has arrived in Baku to discuss a possible aid package for Azerbaijan. The delegation will stay in Baku till February 4. The issue concerns an emergency loans’ package worth $4 billion, Trend reports with reference to the Financial Times newspaper.