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17.07.2015 10:25

Modernization of Azerbaijans postal system discussed with World Bank

A meeting was held at the Ministry of Communications and High Technologies (MCHT) with a delegation led by Rolf Berndt, Regional Finance and Market Manager for Europe, Middle East and North Africa at the World Bank.

During the meeting, which was held with the participation of Minister of Communications and High Technologies Ali Abbasov, the sides highlighted the successful results of the project Development of Financial Services implemented at Azerpost LLC in cooperation with World Bank and both sides expressed their satisfaction with the progress in the implementation of the project.

Then the issues of further cooperation with the World Bank for the continuation of the restructuring of the postal system and modernization of post offices, provision of new financial services etc. were discussed at the meeting.

The meeting noted the expediency of the implementation of a new project to modernize the postal system to carry out reforms at Azerpost LLC and provide a wide range of financial services throughout the country.

A decision was made to present these proposals to the Government of Azerbaijan and start formal negotiations with the World Bank after receiving a positive review from relevant bodies.

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