Finance

Home page

Finance

WB: 4 out of 9 technical assistance for Azerbaijan about to be completed

Stefanie Stallmeister, Manager for the World Bank in Azerbaijan

31 May 2024 10:21 (UTC +04:00)

4 out of 9 technical assistance under the Azerbaijan Rapid Technical Assistance Facility (AZTAF) are about to be completed, Stefanie Stallmeister, Manager for the World Bank in Azerbaijan, said at the meeting on the implementation status of AZTAF held today in Baku, APA-Economics, reports.

She stated that AZTAF is a three-year program financed by the European Union and managed by the World Bank with a total budget of 5.25 million euros. Its purpose is to provide advice and analytical support to the government of Azerbaijan in accordance with Azerbaijan’s National Priorities for 2030 and the goals of the Socio-economic Development Strategy for 2022-2026 and to strengthen its potential.