WB expects for implementing new education project in Azerbaijan in 2011
Azerbaijan, Baku, Feb. 19 / Trend N.Ismayilova /
The World Bank expects for implementing a new project to reform and improve the education system in Azerbaijan in 2011, the WB Baku Office head Joseph Owen reported.
"At present, we have already launched the talks with the government of the country. But they are at an early stage," he said.
A WB mission headed by social sector coordinator in the South Caucasus Mesker Mulato is in Azerbaijan from Jan.31 to Feb. 5 to hold talks with the Azerbaijani Education Ministry with a view to identify measures to reform and improve the education system.
WB has approved a new program of strategic cooperation with Azerbaijan in late 2010. It is designed for 2011-2014 and will be a key instrument for aid to Azerbaijan.
The new strategy is based on priorities such as strengthening non-oil sectors, including infrastructure development and agriculture. In addition, the bank's activities will also focus on strengthening the effectiveness of social services, including health, education, social protection and water supply.
Since Azerbaijan's accession in 1992, the International Bank for Reconstruction and Development and in 1995, the International Development Association, the World Bank has invested about $ 3 billion in 43 projects. Commitment from IFC following the accession of Azerbaijan in 1995 totals almost $ 350 million for 45 projects.
The Bank currently finances 18 projects worth about $2.2 billion. They cover the areas of transport, water and sanitation sector, agriculture and irrigation, health and education.