Follow us:
  • Facebook
  • Twitter
  • Google+
  • AppStore
  • RSS
Azernews.Az
Friday March 5 2021
  • Latest
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Nagorno-karabakh conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel
Home
  • Home
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Nagorno-karabakh conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel

WB approves loan for judicial reforms in Azerbaijan

19 February 2020 13:50 (UTC+04:00)
1 771

By Rasana Gasimova

Azerbaijan and the World Bank have concluded negotiations on a $50 million loan to continue reforms in the country's justice system.

The formal negotiations on the loan ended on February 14. The total cost of the project is $70 million, of which $50 million is a WB loan, and another $20 million are allocated by the Azerbaijani government, local media reported referring to the bank.

It was noted that the WB Board of Directors will approve the provision of the loan to Azerbaijan at the meeting to be held on March 26.

The WB emphasized that the financial resources will be used in several areas, including improving justice services; strengthening institutional capacity, effectiveness, monitoring and evaluation; application of transformative (advanced) technologies on a pilot basis; project management and coordination.

Earlier, it was noted that credit funds are planned to be directed to the development of the e-court system, particularly, the purchase of appropriate IT equipment.

This loan is provided under Judicial Services and Smart Infrastructure Project approved in July 2014 that envisages providing a loan of $100 million to Azerbaijan.

The project envisages the trainings for employees of the justice system, construction of administrative buildings for courts, and improvement of the service system in the field of justice. The other $50 million are expected to be provided until the completion of the project in June 30, 2020.

The development objective of the Judicial Services and Smart Infrastructure Project for Azerbaijan is to improve the access, transparency, and efficiency of delivery of selected justice services. The project comprises of four components.

Note that Azerbaijan joined The World Bank Group in 1992. Since then, the bank has allocated loans in the amount of over three billion dollars for the implementation of over 50 projects in the country.

Currently, seven more projects worth about 1.5 billion dollars are being implemented. In addition to loans, the World Bank allocated 45 grants to Azerbaijan for a total of $ 41.586 million in 1995-2014.

---

Follow us on Twitter @AzerNewsAz

  • #JUDICIAL REFORMS
  • #LOAN
  • #WORLD BANK
  • #AZERBAIJAN

Related News

Azerbaijan expects creating new broadcasting opportunities for Internet TV, radio channels

Azerbaijan expects creating new broadcasting opportunities for Internet TV, radio channels

4 March 19:13
EU invests in micro-entrepreneurship dev't in Azerbaijani districts

EU invests in micro-entrepreneurship dev't in Azerbaijani districts

4 March 18:44
South wind expected on Friday

South wind expected on Friday

4 March 17:27
Azerbaijan, Italy mull fulfilment of Karabakh peace deal

Azerbaijan, Italy mull fulfilment of Karabakh peace deal

4 March 17:08
Venezuela always supported Azerbaijan’s territorial integrity - Ambassador

Venezuela always supported Azerbaijan’s territorial integrity - Ambassador

4 March 16:50
UN must urge Armenia to provide maps of minefields in Azerbaijan's liberated lands

UN must urge Armenia to provide maps of minefields in Azerbaijan's liberated lands

4 March 16:42
Workers of educational sphere in Baku undergoing COVID-19 vaccination <span class="color_red">[PHOTO]</span>

Workers of educational sphere in Baku undergoing COVID-19 vaccination [PHOTO]

4 March 16:35
Vaccination - best way to protect against infectious diseases - Azerbaijani ministry

Vaccination - best way to protect against infectious diseases - Azerbaijani ministry

4 March 16:19
Azerbaijan gives update on number of COVID-19 vaccinated citizens

Azerbaijan gives update on number of COVID-19 vaccinated citizens

4 March 15:42
Emil Kadirov to perform in Moscow

Emil Kadirov to perform in Moscow

4 March 15:00
  • Latest
  • Popular
4 March 19:25 • Ensuring security in Karabakh our top priority - Turkish president
4 March 19:13 • Azerbaijan expects creating new broadcasting opportunities for Internet TV, radio channels
4 March 19:00 • Prices for precious metals in Azerbaijan decline
4 March 18:44 • EU invests in micro-entrepreneurship dev't in Azerbaijani districts
4 March 18:28 • Azerbaijani State Customs Committee chairman names most-imported products for 2020
4 March 18:13 • Azerbaijan, Israel mull energy cooperation
4 March 18:10 • Several mines produced by Armenia found in Azerbaijan’s Aghdam district - Trend TV reports [PHOTO/VIDEO]
4 March 18:00 • Buta Airways to launch ticket sales for Baku-Istanbul-Baku Flights
4 March 17:55 • Azerbaijan, Ukraine trade turnover up in January
4 March 17:44 • Azerbaijan, Pakistan discuss military cooperation, joint drills [PHOTO/VIDEO]
4 March 17:27 • South wind expected on Friday
4 March 17:08 • Azerbaijan, Italy mull fulfilment of Karabakh peace deal
4 March 17:00 • Azerbaijan, Turkey to hold joint military exercises [PHOTO]
4 March 16:54 • Country registers 314 new COVID-19 cases
4 March 16:50 • Venezuela always supported Azerbaijan’s territorial integrity - Ambassador
4 March 16:42 • UN must urge Armenia to provide maps of minefields in Azerbaijan's liberated lands
4 March 16:35 • Workers of educational sphere in Baku undergoing COVID-19 vaccination [PHOTO]
4 March 16:19 • Vaccination - best way to protect against infectious diseases - Azerbaijani ministry
4 March 16:13 • Education workers start receiving vaccine jabs
4 March 15:42 • Azerbaijan gives update on number of COVID-19 vaccinated citizens
4 March 12:25 • President Aliyev: Azerbaijan supports Pakistan on all issues, including Kashmir [UPDATE]
4 March 11:15 • Russia lifts ban on tomatoes, apples import from 27 Azerbaijani enterprises
4 March 10:17 • Azerbaijan, Turkey to shoot film on Nagorno-Karabakh War
4 March 10:41 • Azerbaijan urges all wishing regional peace to help fulfil Karabakh peace deal
4 March 11:35 • No way sabotage-terrorist group members can be considered POWs - Azerbaijani MFA
4 March 10:00 • Fulfillment of Karabakh peace deal key to sustainable peace, security
4 March 12:00 • Police seize Armenian air defence systems in liberated Fuzuli [PHOTO/VIDEO]
4 March 13:00 • SOFAZ's revenues from oil, gas fields hit $578m in Jan-Feb
4 March 12:14 • Culture Minister meets with art figures in Istanbul [PHOTO]
4 March 13:15 • Azerbaijan, Venezuela discuss opportunities for co-op development
4 March 16:42 • UN must urge Armenia to provide maps of minefields in Azerbaijan's liberated lands
4 March 17:44 • Azerbaijan, Pakistan discuss military cooperation, joint drills [PHOTO/VIDEO]
4 March 13:44 • Azerbaijan raises average monthly pensions by 10 pct
4 March 17:00 • Azerbaijan, Turkey to hold joint military exercises [PHOTO]
4 March 19:13 • Azerbaijan expects creating new broadcasting opportunities for Internet TV, radio channels
4 March 12:47 • Several Russian airlines receive permission to operate flights to Azerbaijan
4 March 18:44 • EU invests in micro-entrepreneurship dev't in Azerbaijani districts
4 March 11:50 • AZERNEWS releases another print issue
4 March 14:14 • Azerbaijan's Innovation Center talks on activities to support local startup ecosystem
4 March 14:46 • Nakhchivan garrison troops hold command drills [PHOTO/VIDEO]
See more
AzerNews Newspaper
AzerNews
  • Facebook
  • Twitter
  • Google+
  • RSS

Information

About us Contacts Advertising Azernews In Print

News Archive

© 2021 AzerNews. All rights reserved