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Baku to host global conference jointly with World Bank in 2027

12 November 2026 19:38 (UTC +04:00)

The Global Conference on State-Owned Enterprises is planned to be held in Baku in April 2027 jointly with the World Bank Group, APA-Economics reports.

This was announced during a meeting between Minister of Finance Sahil Babayev and a World Bank delegation that included the Bank's Regional Director for the South Caucasus, Rolande Pryce.

Preparations for the conference were discussed during the meeting.

It was noted that the conference will serve as an important platform for exchanging international experience in strengthening the management and financial sustainability of state-owned enterprises.

The parties also discussed opportunities for cooperation in improving the financial discipline, corporate governance, and dividend policies of state-owned enterprises, as well as managing potential fiscal risks.

Rahim Tariverdiyev

Azerbaijan Baku World Bank World Bank Group Sahil Babayev Rolande Pryce state-owned enterprises global conference corporate governance financial sustainability fiscal risks 2027