• $
  • €
  • ₽
  • ₺
  • £

WB announces priorities on Karabakh

WB announces priorities on Karabakh
14.06.2022 17:30
The World Bank is preparing a new partnership document on cooperation with Azerbaijan and will soon begin discussions with the Azerbaijani government, the World Bank Country Manager for Azerbaijan, Sarah Michael, told journalists.

According to Michael, it is very much based on Azerbaijan 2030 Vision, and the Bank builds this new strategy in line with the government's priorities:

"We've been supporting the government with the study. We are in the process of developing our new country partnership framework in the next several months, which is the five-year plan for the World Bank in Azerbaijan and our partnership. So in the next few months, we'll be listening to the government to see which priorities they want us to focus on, both in terms of investment and then which priorities they want us to focus on in terms of knowledge-sharing and capacity-building.

"So, it will all take the next few months, there are so many different priorities in the country, whether in terms of building human capital, in terms of supporting the private sector, in terms of recovery and reconstruction in Karabakh, including clean energy. So, we'll have to see there are many different partners that the government works and which areas they want us to focus on."

While the manager commented on the issue of the World Bank's support for the released territories of Azerbaijan, she said:

"Right now, there is some research, it's still very early days, of course, because there is huge imparity for the demining, but we'll be glad to support the government as they request us to support reconstruction and recovery in Karabakh, we think there is a tremendous opportunity both for the integration of the area into national systems but also to grow regional trade and regional connectivity. So, we'll be very glad to work with the government on that.

"We have many projects, but we have to wait until the government tells us which one they want us to work on. We worked very much on the water in the past, and now we are in the process of hearing their priorities for the new framework. So, maybe we include water, but I don't know yet because we haven't had those discussions. We are working on employment support and jobs training, we are working on connectivity and secondary road networks, and we also do a lot of work on a wide range of things from supporting the digitalization of the healthcare system to road safety, to green energy, to smart villages, the inclusion of disabled people, so we really work on so many things, and those we'll continue throughout this year and next several years."

www.anews.az
Youtube
Go
Similar news
Similar news
Azerbaijan to include deep-lying ACG gas output in energy balance from 2027
Business 16:01
Azerbaijan to include deep-lying ACG gas output in energy balance from 2027
Tanker Khankendi makes historic first entry into Australian waters under Azerbaijani flag
Business 15:37
Tanker Khankendi makes historic first entry into Australian waters under Azerbaijani flag
SOCAR expects to disclose ACG recoverable gas volumes soon
Business 15:00
SOCAR expects to disclose ACG recoverable gas volumes soon
SOCAR, BP see ACG’s ultimate oil recovery factor above 40%
Business 14:30
SOCAR, BP see ACG’s ultimate oil recovery factor above 40%
BP says ACG annual oil output decline slows to 3%
Business 13:58
BP says ACG annual oil output decline slows to 3%
Azerbaijan central bank sets official exchange rates for November 13
Business 13:00
Azerbaijan central bank sets official exchange rates for November 13
Gold prices rise 0.7% to $3,912.4 per ounce on COMEX
Business 12:30
Gold prices rise 0.7% to $3,912.4 per ounce on COMEX
Azerbaijan gas pipeline to Europe operating at full capacity, Aliyev says
Business 12:29
Azerbaijan gas pipeline to Europe operating at full capacity, Aliyev says
Oil prices edge lower on easing geopolitical tension hopes and rising US stocks
Business 12:00
Oil prices edge lower on easing geopolitical tension hopes and rising US stocks
Anews TV

Our official Youtube channel

Subscribe