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World Bank Developing New Project for Azerbaijan

Business Materials 26 December 2007 16:17 (UTC +04:00)

Azerbaijan, Baku / corr Trend U.Ismayilova / In April, the Board of Directors of the World Bank will consider and adopt the new project for the improvement of the social security in Azerbaijan, Alexander Posarak, the World Bank coordinator for the private human resources in the South Caucasus region, said in Baku on 26 December.

"The project will be carried out for 5 years and its budget will be defined after the monitoring," Posarak stated.

The joint project between the World Bank and the Ministry of Labor and Social Security of Azerbaijan, will be mainly directed towards the development of the institutes and labor market policy, Posarak said. Under the program it is planned to develop the social services and improve the special employees.

"The World bank is prepared to realize in Azerbaijan training of the social employees and assist the Ministry in the application of social rehabilitation program," Posarak said.

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