Tajikistan’s GDP indicators will slow down to 5.5–5.0 percent over the period of 2020-2021, according to the latest report of World Bank (WB), published in its official website.

World Bank and Executive Committee of the International Fund for Saving the Aral Sea (IFAS) signed an agreement in Ashgabat on Additional Financing of the Project for the Modernization of Hydrometeorological Services in Central Asia, Trend reports referring to the Turkmen Foreign Affairs Ministry.

The World Bank’s Board of Executive Directors has approved a $100 million credit from the International Development Association (IDA) for the Prosperous Villages Project in Uzbekistan, the WB reported in its official website.

Tajikistan is among the 10 most successful economies in the world in terms of ease of doing business in the Doing Business 2020 ranking of the World Bank Group, according to the WB’s updated ranking on October 24.

Kyrgyzstan’s international reserves exceeded the pre-crisis level of 2014 and reached $2.2 billion, which $110.0 million more than in 2018.

Uzbekistan plans to implement projects to improve infrastructure, support entrepreneurship and improve living conditions with the participation of the World Bank, a representative of the Ministry of Investment and Foreign Trade of Uzbekistan told Trend in an interview.

Increased focus on education and the quality of human capital is a strategic priority for Georgia, World Bank (WB) told Trend.

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.