WORLD BANK LAUNCHES NEW PARTNERSHIP STRAGEY WITH AZERBAIJAN
“This Country Partnership Strategy comes at a juncture when Azerbaijan is experiencing an important natural resource boom which is enabling it to move rapidly from lower income to middle income country status. This provides tremendous opportunity, but also presents major challenges for the country,” said Donna Dowsett-Coirolo, Country Director for Azerbaijan, Armenia and Georgia. “The CPS is a demand-driven partnership plan based on the needs and priorities defined by the Government of Azerbaijan, which is determined to move quickly and decisively in using its increasing wealth to deliver clear results on the ground to its population. This will involve accelerating structural reforms, strengthening public sector governance and institutional capacity, and careful prioritization and efficient execution of a now much larger public investment program, and the World Bank and other international partners can be helpful in supporting this agenda.”
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