Bank Of Baku

ADB increases investment by 79% in Azerbaijan

ADB increases investment by 79% in Azerbaijan
# 27 January 2009 07:32 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. The fixed investments in Azerbaijan by the Asian Development Bank (ADB) was AZN 14 500 400, up 78.9% on a year ago, said the State Statistical Committee.
The ADB investment accounted for 0.7% of fixed capital investments in Azerbaijan by foreign countries and international organizations.
Azerbaijan joined the World Bank in 1999. Since then, the ADB has provided $200 million to Azerbaijan.
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