azrip.net » Credit Agreement was signed between the Government of Azerbaijan and the World Bank

 
 
 

Credit Agreement was signed between the Government of Azerbaijan and the World Bank

19-10-2012, 16:33, Saw: 244

0
Credit Agreement for the financing of Second Rural Investment Project has been signed between the Government of Azerbaijan and the International Bank for Reconstruction and Development (IBRD), the member of the World Bank Group on October 19, 2012. The document was signed by the Minister of Agriculture Mr. Ismat Abasov and the World Bank Country Manager for Azerbaijan Ms. Larisa Leshchenko.

Minister I. Abasov congratulated Ms. Leshchenko for being appointed to this position emphasizing his hope that relations between the World Bank and the Government of Azerbaijan would be more extended and reach to higher level during her operation period. The minister provided information about the achievements in agrarian sector as a result of economic development that has been started by national leader Heydar Aliyev and successfully continued by Mr. President Ilham Aliyev and talked about the attention and care paid to this sector by the government. I. Abasov underlined that benefit of the World Bank projects implemented in Azerbaijan is highly appreciated and the development of agrarian sector is supported to a great extent. The Minister informed that the Project Development Objective of Second Rural Investment Project is to improve access to and use of community-driven rural infrastructure and expand economic activities for rural households; the project supports “State Program on Poverty Reduction and Sustainable Development in the Republic of Azerbaijan for 2008-2015 and expressed his hope that the project will be successfully completed.
Ms. Larisa Leshchenko mentioned that Second Rural Investment Project would greatly contribute to the development of agriculture and rural areas and would serve to improve living conditions of 1.5 million population. Ms. Leshchenko underlined that she would do her best to further develop the relations between the Government of Azerbaijan and the World Bank during her operation period.

Bölmələr: ---