• $ 1.7
  • € 1.9964
  • ₽ 0.021129
  • ₺ 0.0398
  • £ 2.2726

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
Similar news
Similar news
Centre says Caspian seal deaths remain within normal range
Business 17:30
Centre says Caspian seal deaths remain within normal range
Azerbaijan begins importing beef from Canada
Business 17:00
Azerbaijan begins importing beef from Canada
Azerbaijani fuel enters Armenia via Georgia
Business 16:07
Azerbaijani fuel enters Armenia via Georgia
Air Serbia to launch direct Belgrade–Baku flights in May 2026
Business 10:59
Air Serbia to launch direct Belgrade–Baku flights in May 2026
U.S. president signs $901 bln defence budget for 2026
Business 10:30
U.S. president signs $901 bln defence budget for 2026
Baku port boosts container handling to record 100,000 TEU
Business 18:09
Baku port boosts container handling to record 100,000 TEU
UK and EU expand sanctions against Russian oil and gas sector
Business 17:30
UK and EU expand sanctions against Russian oil and gas sector
Yelo Bank supported the Next-Gen Finance Forum in Baku
Business 15:30
Yelo Bank supported the Next-Gen Finance Forum in Baku
A new payment initiative by the Bir Ecosystem: unlimited payments begin with the m10 digital card
Business 13:30
A new payment initiative by the Bir Ecosystem: unlimited payments begin with the m10 digital card
Anews TV

Our official Youtube channel

Subscribe