Baku. Nijat Mustafayev – APA-Economics. Azerbaijan and Islamic Development Bank have signed 18 loan agreements on 16 projects in amount of $935.3 mln, said the Report of the Cabinet of Ministers on outcomes of 2012.
According to report, 11 of these projects were implemented, 5 – are underway.
As of January 1, 2013, $566.9 mln from IDB’s allowances were used. In 2012, $65.9 mln was used. AZN 47 mln on used loans was repaid to the bank.
Note that Azerbaijan has been member of IDB since 1992.