Baku, Azerbaijan, Nov. 9
By Emin Aliyev - Trend: The World Bank is satisfied with the implementation process of the second project related to the development of rural investments that is being implemented in Azerbaijan, the WB Baku Office told Trend on Nov.8.
"The project is far from complete, and it is being implemented on the schedule," the office said.
The bank said that the issue about allocation of additional financing within the project is also being discussed.
"The World Bank hasn't received an official request from the country's government on this issue yet," the office said.
The second project "Azerbaijan Rural Investment" (AzRIP-2) entered into force at the end of last year. This project is based on the results of the first project, which has helped to increase revenues of 600,000 farmers, improve irrigation services for 700,000 people and provide quality drinking water to 150 villagers. The project will cover five main areas - plain Shirvan, Mugan-Salyan, Nakhchivan, the northern and north-western areas of Azerbaijan.