EBRD raises investment by 66% in Azerbaijan

EBRD raises investment by 66% in Azerbaijan
# 18 September 2009 12:03 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. The fixed investments in Azerbaijan by the European Bank of Reconstruction and Development (EBRD) was AZN 9 049 700, up 66.3% on a year ago, said the State Statistical Committee.

The EBRD investment accounted for 1.1% of fixed capital investments in Azerbaijan by foreign countries and international organizations.

Azerbaijan joined the World Bank in 1992. Since then, the EBRD has provided $1 billion to Azerbaijan.
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