Bank Of Baku

IDB increases investment in Azerbaijan by 43%

IDB increases investment in Azerbaijan by 43%
# 21 June 2010 14:53 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Islamic Development Bank invested AZN 2 175.7 thousand in Azerbaijan during January-May, 2010, up 43.3% compared with a year ago, State Statistical Committee told APA.

State Statistical Committee says, the share of IDB in the investment of foreign countries and international organizations makes 0.3%.

Azerbaijan has been a member of IDB since 1992. During this time, the bank allocated $ 423 mln to Azerbaijan for execution of 12 projects.
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