WB to review projects in Azerbaijan

The World Bank plans to review its projects in Azerbaijan in October, WB Country Manager for Azerbaijan Joseph Owen told journalists.

He said Azerbaijan’s portfolio consists of 20 projects worth $2.3 billion.

"The bank’s main goal is to achieve desired results and accelerating project implementation project," Owen said.

Since joining the WB in 1992, the commitments to Azerbaijan total $2.9 billion in 43 projects.

Azerbaijan ranks third in the world after Turkey and Kazakhstan in terms of its WB portfolio volume.


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