He made the remark during today's second annual reporting meeting of the Azerbaijan Rapid Technical Assistance Facility (AZTAF), funded by the European Union (EU) and managed by the World Bank (WB), in Baku.
“The World Bank became one of our key partners in implementing reforms in the early years of Azerbaijan's independence. Over more than 30 years of successful cooperation between the Republic of Azerbaijan and the World Bank, the Bank has provided Azerbaijan with 49 completed and 3 ongoing government loans for 52 projects totaling more than $4 billion. In addition, more than 115 technical assistance projects amounting to more than $30 million have been allocated for grant projects in various directions. Projects implemented with the financial support of the World Bank in the spheres of transport, social protection, water supply and irrigation, agriculture, ecology, justice, and other spheres have made a significant contribution to the development of the country's economy,” Najafli added.
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