WB

Azerbaijan possesses a significant number of resources, especially in wind and solar energy, Rolande Pryce, WB Regional Director for the South Caucasus, told Trend.

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.