SARAH MICHAEL

The Azerbaijani government and the International Bank for Reconstruction and Development (IBRD) which is a member of the World Bank (WB) group, signed a loan agreement worth $65 million on October 27, Trend reports citing the Azerbaijani Finance Ministry.

The document was signed by the Azerbaijani Finance Minister Samir Sharifov and WB Regional Manager for Azerbaijan Sarah Michael.

Chairman of the Central Bank of Azerbaijan (CBA) Elman Rustamov met with World Bank (WB) Regional Director for South Caucasus Sebastian Molineus, Trend reports on March 31 with reference to the CBA.

WB Country Manager for Azerbaijan Sarah Michael also took part in the meeting.

Rustamov stressed the importance of long-term cooperation with the WB in the field of socio-economic development of Azerbaijan.