World Bank Country Manager for Azerbaijan Visits CAERC
The Executive Director of the Center for Analysis of Economic Reforms and Communication (CAERC), Vusal Gasimli, received Navid Naqvi, Head of the World Bank Office in Azerbaijan.
During the meeting, the parties discussed the benefits of cooperation between CAERC and the World Bank throughout 2017 in shaping the reform agenda, as well as collaboration in the areas of monitoring and evaluation. It was agreed that cooperation between CAERC and the World Bank would continue in a broader format in the future.
It was noted that in the World Bank’s “Doing Business 2017” report, Azerbaijan advanced by eight positions to rank 57th, which was assessed as a result of the successful economic reforms carried out under the leadership of President Ilham Aliyev. The meeting also highlighted that Ms. Keiko Honda, Executive Vice President and CEO of the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, stated that Azerbaijan has overcome its economic difficulties and achieved stability and development.
It was further emphasized that as a result of the economic reforms implemented in Azerbaijan, foreign exchange reserves reached USD 42 billion in the short term, the non-oil sector grew by 2 percent, the manat exchange rate stabilized, and non-oil exports increased by 25 percent.
Related news
CAERC Representative Participates in an International Seminar on Agriculture in…
Rashad Najafli, Deputy Head of the Economic Analysis Division at the Center for Analysis of Economic Reforms and Communication, is participating in an international seminar titled "Quality and Safety Management of Agricultural…
IV Shusha Global Media Forum: A New Stage in the Institutional Development of Strategic…
The 4th Shusha Global Media Forum once again demonstrates that strategic communication has become an integral component of state governance in the modern global information environment. In a comment to AZERTAC, Zanura Talibova, Head…
Vusal Gasimli chaired a session at an international event held at the University…
Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communication, Doctor of Economic Sciences, Professor, chaired the "Finance and Growth" session at "The International Finance and…
Preliminary figures for the July 2026 issue of the "Export Overview" have…
The Center for Analysis of Economic Reforms and Communication (CAERC) has presented the July 2026 issue of the "Export Overview." According to the overview, in January-June 2026, Azerbaijan's exports in the non-oil sector…
CAERC Department Head’s Analytical Article Published by The Liberum
An analytical article authored by Ilyas Huseynov, Head of the Turkic World Research Center at the Center for Analysis of Economic Reforms and Communication (CAERC), has been published on the international analytical platform…
CAERC Representative Participates in International Seminar in China
A representative of the Center for Analysis of Economic Reforms and Communication (CAERC) participated in the international seminar "Governance Capacity Building for BRI Countries", held in the People's Republic of China.…
A meeting was held between "Azexport" and "Payoneer" regarding…
A business meeting was held between the "Azexport" portal, operated by the Center for Analysis of Economic Reforms and Communication (CAERC), and "Payoneer," an international digital payment system. The main topic…
Digital Trade Opportunities Have Been Discussed Between the "Azexport"…
A meeting was held between Aykhan Gadashov, Head of the "Azexport" portal of the Center for Analysis of Economic Reforms and Communication, and representatives of "Zirvə Ayaqqabı" LLC. During the meeting, access…
Op-eds
Abdulrahim Dadashov
Deputy head of the Monitoring and evaluation division
Agricultural support mechanisms will create new opportunities for farmers and exporters
Ilyas Huseynov
Head of the Turkic World Research Center
Large-Scale Modernization of the Baku-Tbilisi-Kars Railway: A New Strategic Phase in the Middle Corridor and Eurasian Connectivity
Rashad Najafli
Deputy head of the Economic analysis division
Azerbaijan: A Guarantor of Peace and Security in the South Caucasus
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
Transition to an Innovation Ecosystem: Azerbaijan’s Strategic Choice
Gultaj Ahmadzada-Tapdigzada
Head of Sector at the Monitoring and Evaluation Division
Strategic Targets of Azerbaijan’s Energy Transformation
Samir Rahimov
Leading consultant of the Monitoring and evaluation division
Improving transport infrastructure in Baku and surrounding areas - Global challenges and the role of the State Program
Agil Asadov
Head of the Strategic planning division
The strategic importance of the Middle Corridor: growth of investment along the Trans-Caspian route and Azerbaijan’s regional…