World Bank, Azerbaijan discuss new Country Partnership Framework

World Bank, Azerbaijan discuss new Country Partnership Framework Ali Asadov, Prime Minister of the Republic of Azerbaijan, met with a delegation led by Ines Rocha, Regional Director of the International Finance Corporation (IFC) for Europe, Report informs.
Finance
September 5, 2024 19:53
World Bank, Azerbaijan discuss new Country Partnership Framework

Ali Asadov, Prime Minister of the Republic of Azerbaijan, met with a delegation led by Ines Rocha, Regional Director of the International Finance Corporation (IFC) for Europe, Report informs.

During the meeting, they highlighted the long-standing and effective partnership between Azerbaijan and the World Bank, including its affiliated institutions.

The discussion also focused on the importance of the World Bank Group's Country Partnership Framework (CPF) with Azerbaijan and the development of a new CPF for the years 2025–2029.

The parties expressed contentment with the current level of Azerbaijan’s cooperation with the International Finance Corporation and the outcomes of joint projects across various sectors.

They also explored opportunities for collaboration in areas such as public-private partnerships, foreign investment attraction, and joint initiatives for COP29.

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