ECONOMY
GTZ BOLSTERS PRIVATE SECTOR IN AZERBAIJAN
The Germany Society for Technical Cooperation (GTZ) has to date set aside €39,92 million to implement projects in Azerbaijan
Partnered with the Ministry of Economic Development of Azerbaijan, GTZ is currently implementing the Support to the Private Sector Economy program. The program launched in 2005 is scheduled to be finished in December next year. The aim of the program is to support the government of Azerbaijan in implementing economic reforms.
GTZ spent $5,090,000 in the first stage and has allocated €3,400,000 on the second one.