APA - Thomas Mirrov: EBRD to allocate $200 mln for Azerbaijan

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Home > Economics > Finance

Thomas Mirrov: EBRD to allocate $200 mln for Azerbaijan

[ 16 Mar 2010 19:16 ]

Baku. Nijat Mustafayev – APA-ECONOMICS. Today, Thomas Mirow, president of EBRD(European Bank for Reconstruction and Development) held a press conference about his visit to Azerbaijan.

Accordin to T.Mirow, he has met with the head of state, minister of finance and Chairman of the Central Bank. After conference, he will meet with minister of economic development.

According to Thomas Mirow, EBRD has financed 100 projects of which total amount is 1.4 bln euro. Last year, bank allocated 230 mln euro for Azerbaijan, including 120mln euro for Garadagh Cement. Current Year, The bank will allocate $100-200 mln for finance and real estate.

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