President Ilham Aliyev has invited the World Bank for cooperation to rehabilitate Azerbaijani territories liberated from Armenia's occupation in a 44-day war in 2020.

Prime Minister of Azerbaijan Ali Asadov met with World Bank Regional Director Sebastian Molineus on April 1, Trend reports with reference to the Azerbaijani Cabinet of Ministers.

The global economy is on track to grow by 4 percent in 2021, assuming vaccination for COVID-19 becomes widespread throughout the year, the World Bank Group said in its latest Global Economic Prospects released, Trend reports citing Xinhua.

A number of irregularities internal to the World Bank have been reported regarding changes to the data in the Doing Business 2018 and Doing Business 2020 reports, published in October 2017 and 2019, a source in the World Bank told Trend.

The World Bank (WB) has reconsidered forecasts for Azerbaijan’s economy in 2021-2022, according to the latest World Bank Economic Update for Europe and Central Asia.

Azerbaijani Finance Minister Samir Sharifov met heads of the International Monetary Fund and World Bank in Washington, US to discuss economic reforms carried out in the country.

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

President of Azerbaijan Ilham Aliyev has met with Managing Director of Operations at the World Bank Axel van Trotsenburg in Munich.

World Bank has increased its GDP growth forecast for Kazakhstan for 2020 announcing it to be 3.7 percent compared to 3.2 percent previously, Trend reports with reference to the January Global Economic Prospects report published by World Bank (WB).

Global economic growth is projected to recover to 2.5 percent in 2020, up slightly from the post-crisis low of 2.4 percent registered in 2019, but downside risks persist, the World Bank said on Wednesday Trend reports citing Xinhua.