Tajikistan and the World Bank (WB) discussed the development of cooperation at the Ministry of Economic Development and Trade of Tajikistan in Dushanbe on June 21.

WB is pleased to cooperate with the Azerbaijani government in the implementation of many reforms, Mercy Tembon, Regional Director of the World Bank (WB) for the South Caucasus, told Trend.

The European Union (EU) and the World Bank (WB) intend to finance a project to develop the livestock sector in Uzbekistan.

The World Bank (WB) has an exceptional role on the projects implemented within agricultural reforms in Azerbaijan, which aim to increase productivity and competitiveness in this sector.

A ceremony for launching a new project aimed at solving major problems in the livestock sector of Uzbekistan was held on April 23 in Central Asian country, Trend reports with the reference to the press service of Ministry of Agriculture.

Uzbekistan has the potential to become an upper middle-income country by 2030 – a goal that the government is pursuing, a representative of the World Bank told Trend in an interview.

Uzbekistan plans to involve the World Bank in construction of a new railway through Afghanistan, Trend reports with reference to the press service of Uzbek Railways.

The 29th meeting of the Energy Sector Coordinating Committee (ESCC) of the Central Asian Regional Economic Cooperation Program (CAREC) was held in Tashkent (Uzbekistan), Trend reports with reference to the press service of the Ministry of Energy of Uzbekistan.

Azerbaijani President Ilham Aliyev has congratulated newly elected President of the World Bank David Malpass, Trend reports referring to the Azerbaijani presidential press-service.

The gross domestic product (GDP) of Turkmenistan will be 5.6 percent in 2019 and 5.1 percent in 2020 compared to 6.2 percent in 2018, Trend reports citing the WB Europe and Central Asia Economic Update.