Bank Of Baku

Azerbaijan borrowed $604 mln-loan from IDB, so far

Azerbaijan borrowed $604 mln-loan from IDB, so far
# 28 March 2011 13:04 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan and Islamic Development Bank have signed 15 loan agreements on 13 projects in amount of $ 604.1 mln, during past 19 years. Of this, 8 projects have been implemented, 5 are being continued.

According to Cabinet of Ministers, Azerbaijan has used $ 271.4 mln until January 1, 2011, and this makes 44.9% of bank’s loans for Azerbaijan: “In 2010, Azerbaijan has used $ 136.8 mln of IDB. Besides, Azerbaijan has paid-off $ 28.3 mln.”

Note that, Azerbaijan has been in cooperation with IDB since 1992.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED