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World Bank more than doubles investment in Azerbaijan

World Bank more than doubles investment in Azerbaijan

18 June 2009 10:49 (UTC +04:00)

Baku. Nijat Mustafayev - APA-Economics. The fixed investments in Azerbaijan by the World Bank (WB) was AZN 27 635 400 in January-May, up 2.2 times from the same period last year, said the State Statistical Committee.

The WP investment accounted for 6% of fixed capital investments in Azerbaijan by foreign countries and international institutions.

Azerbaijan joined the World Bank in 1992. Since then, the WB has provided more than $2 billion financial assistance to Azerbaijan.

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