Baku: Mikayil Jabbarov, Azerbaijan's Minister of Economy, met with Rolande Pryce, World Bank Regional Director for the South Caucasus. The discussions centered around the current cooperation between Azerbaijan and the World Bank, as well as ongoing projects and new initiatives.

According to Azerbaijan State News Agency, Mikayil Jabbarov emphasized the significance of collaboration with the World Bank in enhancing small and medium enterprises' access to financial resources. He discussed the potential for economic growth and diversification through these partnerships. Jabbarov noted that joint efforts in these sectors would aid private-sector development and contribute to sustainable economic growth in Azerbaijan.

The meeting also acknowledged the World Bank Group's transition to a unified country representation model in Azerbaijan. This change is anticipated to facilitate a more efficient and coordinated development of the partnership between Azerbaijan and the World Bank, enhancing their collaborative efforts.