BAKU, Azerbaijan, July 2. The Central Bank of
Azerbaijan (CBA) and the World Bank have discussed prospects for
expanding cooperation, a statement posted by the CBA on its X
account says.


The post notes that a delegation led by First Deputy Chairman of
the Central Bank of Azerbaijan Aliyar Mammadayrov held a meeting
with World Bank Vice President for Europe and Central Asia
Antonella Bassani during a working visit to Uzbekistan.


"They discussed the current state of cooperation between
Azerbaijan and the World Bank, priority areas of the Country
Partnership Framework for 2025–2029, and the status of projects
within this framework.


The meeting also included an exchange of views on other issues
of mutual interest and prospects for cooperation," the statement
reads.







World Bank Country Manager for Azerbaijan, Stefanie Stallmeister
told Trend in an
exclusive interview that the bank has invested billions of dollars
in various projects over more than 30 years of cooperation with
Azerbaijan.


"Current initiatives include the development of an urban
project, working with ASRA to reduce water losses, and supporting
the Ministry of Agriculture in modernizing irrigation systems and
introducing climate-resilient agricultural practices," she
said.