Baku, Fineko/abc.az. Technical assistance for Azerbaijan on preparation of Capital Market Development Strategy has been launched within the framework of World Bank program FIRST Initiative financed by international donors.

The State Securities Committee informs that the project term is April-July 2010.

“For this period the SSC jointly with international experts will make Action Plan and Capital Market Development Strategy of Azerbaijan for 2011-15,” the Committee reported.

Besides, for the purpose of realization of the being-made Strategy the Azerbaijani government, WB and the Switzerland State Secretariat for Economic Affairs (SECO) are likely to realize new joint projects.

FIRST Initiative - The Financial Sector Reform and Strengthening Initiative was established in 2002. The major goal of the program is to assist to form financial sectors in countries with low and mean income, poverty reduction by creating conditions for development, support to strengthening financial systems.

19.03.2010 10:07