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The World Bank (WB) will make a decision regarding financing of the construction of the Azerbaijani part of the Trans Anatolian Natural Gas Pipeline (TANAP) project until late November 2016, the WB Baku office said, AzerNews reported citing …
The World Bank (WB) will launch the second project on modernization of financial sector in Azerbaijan in late November-early December 2016, the WB private and financial development sector leader, Angela Prigozhina, …
Azerbaijan is among 35 countries around the world implementing regulatory reforms in 2015/2016 in three or more of the 10 areas measured by the report, making it easier to do business. The country has …
World Bank Regional Director for the South Caucasus Mercy Tembon and the Georgian PM Giorgi Kvirikashvili held a meeting today. According to Tembon, the World Bank will help the Georgian government to …
Jim Yong Kim was unanimously appointed by the World Bank’s executive directors to a second five-year term as president, according to a statement released by the bank on Tuesday. Mr. Kim’s reappointment …
Naveed Hassan Naqvi was appointed the new head of the World Bank’s (WB) office in Azerbaijan. Naqvi started his career at the WB in 2004 and has worked in the South Asia, Europe and Central Asia regions, …
Population and business haven’t noticed the transition of the Republic of Georgia to the category of countries middle and high-incomes as it is classified by the World Bank today. Georgian experts told "Vestnik Kavkaza" told …
Georgian Prime Minister Giorgi Kvirikashvili said the fact that the World Bank has raised Georgia’s position in a global income ranking to reflect the increase in the average income of Georgian citizens is an important …
Yesterday the World Bank (WB) approved the additional funding to improve the lives of internally displaced persons in Azerbaijan. The Bank reports that the purpose of the extended project is to improve …
Relations between the Azerbaijani government and the World Bank (WB) have reached a new stage, Azerbaijani vice prime minister ,the head of the State Committee for Refugees and Displaced Persons, Ali Hasanov, said at a …
The Multilateral Agency for International Guarantees (MIGA), a member of the World Bank Group, can accede to organization of the financing of the Southern Gas Corridor project. "The World Bank may allocate up to $500 million as a …
The World Bank (WB) will allocate Georgia $9 million for the restoration of urban, municipal and tourist infrastructure in the Imereti region in order to promote cultural and historical monuments as well as attract tourists. Funds will …
The World Bank stated about its readiness to provide $20 million to the Azerbaijani postal operator Azerpoct for the deployment of microfinancing services. This issue will be discussed in the framework of next visit of the World …
The head of of the Investment Department of SOCAR, Vagif Aliyev, said today that despite the low level of the world oil prices, the Trans-Anatolian Gas Pipeline (TANAP) is still being built within the approved schedule. …
Amid improving market sentiment and a weakening dollar, the World Bank is raising its 2016 forecast for crude oil prices to $41 per barrel from $37 per barrel in its latest Commodity Markets Outlook, as an oversupply in markets is …
It may cost as much as $180 billion to rebuild war-torn Syria, said World Bank President Jim Yong Kim on Thursday, MarketWatch reports. At a press conference at the start of the International Monetary Fund-World …
The World Bank has published a new forecast for the development of the Armenian economy, which was more pessimistic than the previous one. According to the forecast, the growth of the economy will be 1.9% this year. Earlier, the World Bank …
A joint International Monetary Fund (IMF) and World Bank (WB) mission visited Moscow on March 15-30 to conduct an assessment of the Russian financial sector. Its representatives met with the head of the Russian Central Bank, …
The board of directors of the World Bank (WB) today approved an additional $140 million to fund the expansion of the Baku-Shamakhi highway. The loan will be issued through the International Bank for Reconstruction and Development …
Georgia and the World Bank (WB) in the person of the Minister of Finance of Georgia Nodar Khaduri and the bank's Regional Director Mercy Tembon signed two agreements today, according to which the ...
