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 Press release - World Bank Mission In Azerbaijan (WB)

 Press release date: 12.07.1999

  FOR IMMEDIATE RELEASE 
 
The World Bank

News Release No.

Contact: Leyli Bektashi (994-12) 921-941
Email: Lbektashi@worldbank.org

WORLD BANK MISSION IN AZERBAIJAN

BAKU, 13 July 1999 ? A World Bank Team led by Ms. Esperanza Lasagabaster will be visiting Baku from July 18, 1999, to continue the work on the Pension Reform in Azerbaijan.

The main objectives of the mission are to:

  • discuss policy reform options for the social security scheme, using as a basis the pension PROST model developed for Azerbaijan;
  • collaborate with the representative of the British Know-How Fund, Mr. James Stone, in the analysis of the existing institutional structure supporting the social security and social assistance schemes and identify institutional reforms needed to strengthen the system's administrative structure in agreement with the proposed policy changes and the continued expansion of the market economy;
  • finalize an agreement with the Ministry of Labor on the implementation unit of the Social Security PHRD grant and other administrative procedures needed to be launched soon after the grant's implementation;
  • review the preliminary draft legislation to reform the social insurance scheme;
  • conduct a diagnosis of the existing social protection scheme;
  • assist the Government to develop a conceptual framework for improving its social protection scheme.

The mission will stay in the country for about two weeks and leave on July 30th, 1999.



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