Bank Of Baku

Azerbaijan signs $9 bln-142 loan agreements with international organizations and donor countries during past 17 years

Azerbaijan signs $9 bln-142 loan agreements with international organizations and donor countries during past 17 years
# 09 March 2011 12:49 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan has signed $ 8.920 bln-142 loan agreements with international organizations and donor countries since 1994.

Cabinet of Ministers says the loans have been directed mainly to the implementation of infrastructure projects. Of this, 73 have already been completed.

Total loan used as at January 1, 2011, made $ 4.670 bln.
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