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Name of the organization |
World Bank |
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General information about the organization |
· The World Bank Group was originally known as the International Bank of Reconstruction and Development.
· The World Bank Group includes the following institutions: - International Bank of Reconstruction and Development - International Development Association - International Finance Corporation - Multilateral Investment Guarantee Agency - International Center for Settlement of Investment Disputes
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Information about cooperation between Azerbaijan and the organization |
· The Bank's local representative office was opened in Azerbaijan in 1996.
· Sovereign loans were attracted for 52 projects. - 49 projects have been completed. - 3 projects is ongoing (1 project additional financing).
- Judicial Services and Smart Infrastructure Project – AF (Beneficiary: Ministry of Justice; Period: 2020-2024) - Employment Support Project (Beneficiary: Ministry of Labour and Social Protection of Population; Period: 2020-2025) - Regional Connectivity and Development Project (Beneficiary: Azerbaijan’s State Motor Road Agency; Period: 2021 – 2026) |
