Bank Of Baku

Islamic Development Bank to increase funding for Azerbaijan

Islamic Development Bank to increase funding for Azerbaijan
# 30 June 2009 15:54 (UTC +04:00)
Baku. Elnur Huseynguluyev - APA-Economics. Islamic Development Bank (IDB) will increase allocations for Azerbaijan next year.

Tamerlan Taghiyev, IDB Officer in Baku, said the IDB stands ready to closely participate in the financing of any project in 2010 if the Azerbaijani side will sends request for this.

According to him, Azerbaijan has received $280 million from the IDB since membership in 1992.
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