Bank Of Baku

World Bank investment in Azerbaijan rises by 3%

World Bank investment in Azerbaijan rises by 3%
# 19 March 2009 08:39 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. The fixed investments in Azerbaijan by the World Bank (WB) was AZN 7 562 100 in January-February, up 3 % on the same period last year, said the State Statistical Committee.
The WP investment accounted for 4.2% of fixed capital investments in Azerbaijan by foreign countries and international organizations.
Azerbaijan joined the World Bank in 1992. Since then, the WB has provided $2 billion financial assistance to Azerbaijan.
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