Azerbaijan, Baku, Jul.28 / Trend U.Ismayilova /
The Azerbaijani Labor and Social Protection Ministry announced a tender as part of a joint social program with the World Bank (WB) to select an international consultant to realize the program, head of the International Cooperation department under the Labor and Social Protection Ministry, Elnur Sultanov, said on July 28.
At present, the ministry completes determination of administrative issues, Sultanov said.
The program is expected to be launched in autumn. The first stage of the program will include conducting work on labor protection and improving an employment capacity, he said.
The World Bank and the Azerbaijani government signed a loan agreement on "Development of social protection in Azerbaijan" project worth $54.6 million in November, 2008. The WB will allocate $26.7 million to finance the project in terms of the International Development Association (35 years with a 10-year grace period and 0.75 percent of interest rate per a year).
The project includes four components: a complete modernization of the labor market, including the improvement of labor legislation, protection of labor, activity of employment service, formation of policy of the social security system, modernization of the pension system and project management.
The project envisages full institutional development and upgrading professional training system, development of professional classifiers in line with the European practices. It is expected to create the centers of professional training under the ministry. The project covers five-years from 2008 to 2013.
WB has invested one project in social sector. WB has issued $10 million to realize the project on pension reforms and social security, which is being realized since 2005.
On July 28, the official rate is 0, 8041 manat to $1.
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