Recent Developments Growth in the Europe and Central Asia region continued to pick up in the first half of 2017, with commodity exporters and commodity importers alike achieving recovery. The region has...
Baku, February 9, 2017 – Mr. Cyril Muller, World Bank Vice President for Europe and Central Asia, visited Azerbaijan today to discuss with the authorities the World Bank Group’s support for the country’s...
Date: February 9, 2017Type: Press Release Language: English
Two billion people now live in countries where development outcomes are affected by fragility, conflict, and violence. By 2030, 46% of the global poor could live in fragile and conflict-affected...
Date: January 26, 2017Type: Feature Story Language: English
WASHINGTON, December 20, 2016 - The World Bank’s Board of Executive Directors today approved the following project: Trans-Anatolian Natural Gas Pipeline Project (TANAP) IBRD Loan: US $400 million to the...
Date: December 20, 2016Type: Loans & Credits Language: English
WASHINGTON, December 20, 2016 - The World Bank’s Board of Executive Directors today approved a US$400 million loan for Turkey and a US$400 million loan for Azerbaijan for the Trans-Anatolian Natural Gas...
Date: December 20, 2016Type: Press Release Language: English
BUCHAREST, November 22, 2016 – There will be a modest increase in GDP growth in 2016 for countries in the Europe and Central Asia (ECA) region. Low oil and other commodity prices in the eastern half of...
Date: November 22, 2016Type: Press Release Language: English
The World Bank office in Azerbaijan continues to raise youth awareness about projects supported by the institution and how it all works. Students from the Baku Oxford School were invited to the Yasamal...
Date: November 18, 2016Type: Feature Story Language: English
WASHINGTON, October 25, 2016 – Economies of the Europe and Central Asia region placed among the top improvers in the World Bank Group’s ease of doing business report. The region’s economies carried out...
Date: October 25, 2016Type: Press Release Language: English
Forced displacement is not a new phenomenon. Many countries—especially in the developing world—have been managing these situations for years, at times decades. The ongoing Syrian crisis has provided renewed...
Date: September 15, 2016Type: Feature Story Language: English
As countries across Europe and Central Asia continue to face challenging economic headwinds, the eastern part of the region in particular is being impacted by the collapse of oil revenues and the associated...
Date: June 20, 2016Type: Feature Story Language: English
WASHINGTON, June 17, 2016 - Today the World Bank’s Board of Executive Directors approved US$66.7 million in additional financing for the Internally Displaced Persons Living Standards and Livelihood Project...
Date: June 17, 2016Type: Press Release Language: English
In Quazanli, a small town in Azerbaijan’s conflict-affected Agdam region, 10,000 out of the 14,000 residents are internally displaced. Forced to leave their homes almost 20 years ago, these people live...
Date: June 17, 2016Type: Feature Story Language: English
IBRD Loan: US$ 66.7 million Terms: Maturity: 17 years; Grace: 5 years Project ID: P155110 Project Description: The objective of the Project is to improve living conditions and increase the economic self-reliance...
Date: June 17, 2016Type: Loans & Credits Language: English
Modernizing Judicial Services Judicial reform was an important topic of discussion at the first World Bank in Azerbaijan “Knowledge Day”, held in Baku in November 2015. The World Bank works closely with...
Date: June 15, 2016Type: Feature Story Language: English
Baku, 26 May 2016. World Bank and Government of Azerbaijan have presented the findings of a new study undertaken by the World Bank experts entitled IT Sector and IT Skills in Azerbaijan: Challenges and...
Date: May 27, 2016Type: Press Release Language: English
Baku, May 24, 2016. Development of the financial sector and raising financial literacy over the past several years have improved the financial inclusion in Azerbaijan, but it is still significantly lower...
Date: May 24, 2016Type: Press Release Language: English
Activists from young forester movements in Azerbaijan, Belarus, Georgia, Moldova, Russia, and Ukraine gather on the picturesque slopes of the Greater Caucasus Mountains to discuss how best to contribute...
Date: April 19, 2016Type: Feature Story Language: English
KIEV, April 7, 2016 – The economies of Europe and Central Asia (ECA) continue to face difficult headwinds in an increasingly complex and uncertain global economic environment, with short-term prospects...
Date: April 7, 2016Type: Press Release Language: English
Washington, March 28, 2016 - The World Bank Board of Directors today approved a US$ 140 million Loan to the Republic of Azerbaijan for the Additional Financing for the Third Highway Project. The Additional...
Date: March 28, 2016Type: Press Release Language: English
IBRD Loan: US$ 140 million Terms: Maturity = 17 years, Grace = 4 years Project ID: P156377 Project Description: The objective of the project is to contribute to a more efficient and safer Baku - Shamakhi...
Date: March 28, 2016Type: Loans & Credits Language: English
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