The Azerbaijani government and the World Bank signed an agreement on allocating $50 million to continue reforms in the judicial system.
Report informs that long with this loan, which was approved by Board of Directors on March 26, the bank has extended the spending period of the previous loan of $100 million titled “Judicial Services and Smart Infrastructure Project” signed in July 2014 from June 30, 2020, to June 30, 2021. Of this, $43.84 million was considered for Judicial Service Delivery Improvements, $25.80 million for Strengthening Institutional Capacity and Efficiency, $59.71 million for Expansion and Modernization of Justice Infrastructure, $12.89 million for Project Management and Coordination, $4.83 million for Piloting of Transformative Technology (TT).
The final loan for Additional Financing is provided for 11.5 years, including a 4-year grace period. The project’s total cost is $70 million, of which the government will assign $ 20 million.
To date, the World Bank has allocated three loans for reforms in the judicial system, strengthening judicial institutions. The first – $21.6 million was granted in 2006, the second – $33.4 million in 2011 and the third – $100 million in 2014.
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