(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
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."