Accessibility links

Asian Development Bank Quadruples Loans To Azerbaijan


http://gdb.rferl.org/d3670b87-283d-4780-ba8d-044f3fde9231_w203.jpg --> http://gdb.rferl.org/d3670b87-283d-4780-ba8d-044f3fde9231_mw800_mh600.jpg (RFE/RL) 28 February 2006 -- The Asian Development Bank (ADB) has decided to substantially increase the size of loans extended to Azerbaijan.


The ADB said in a statement today that it will in 2007 lend Azerbaijan $179 million for infrastructure projects.


This marks a sharp increase from the $39 million in loans earmarked for that country in 2006.


(AFP)

RFE/RL Caucasus Report


SUBSCRIBE For weekly news and in-depth analysis on Armenia, Azerbaijan, Georgia, and Russia's North Caucasus by e-mail, subscribe to "RFE/RL Caucasus Report."
XS
SM
MD
LG