Promoting Transparency and Efficiency of State-Owned Enterprises in Azerbaijan

On June 12, 2018, the World Bank organized its final Workshop in Baku under the ongoing technical assistance project aimed at improving governance and transparency of State-Owned Enterprises (SOEs). The Workshop was organized jointly with the Azerbaijan State Committee on Property Issues (SCPI), and convened the main in-country stakeholders engaged in SOE oversight, providing a platform to present a new SOE financial monitoring tool, developed with World Bank assistance.

Leaders Commit to the Development of High-Quality Financial Information to Help Boost Economic Development

About 300 delegates including ministers of finance, senior government experts, and representatives of the business, professional and academic communities gathered today to discuss the role financial information plays in supporting economic development, regional and global integration of economies, and convergence of income and living standards between poorer and richer countries. The conference took place under the auspices of the Austrian Presidency of the Council of the European Union and was organized by the World Bank’s Centre for Financial Reporting Reform (CFRR).