On March 11th President of Azerbaijan Ilham Aliyev received a delegation led by World Bank Regional Director for the South Caucasus Henry Kerali.
Kerali hailed measures aimed at ensuring economic development and improving the people`s well-being in Azerbaijan.
He also praised cooperation between the World Bank and Azerbaijan.
President Ilham Aliyev noted Azerbaijan had ensured successful economic development in recent years.
The Head of State said a new five-year economic development program was approved in Azerbaijan, with non-oil sector and industry being among key priorities.
The President noted Azerbaijan`s high demographic development processes were taken into consideration in the course of the execution of the program.
President Ilham Aliyev said purposeful measures had been implemented in Azerbaijan for strengthening welfare of the middle class of the society.
They also discussed how to expand the Azerbaijan-World Bank cooperation in a variety of fields, including agriculture and culture.