EBRD loans to Azerbaijan total $2.9B

  25 May 2016    Read: 972
EBRD loans to Azerbaijan total $2.9B
The European Bank for Reconstruction and Development (EBRD) has so far allocated the loans totaling $2.9 billion to Azerbaijan for implementation of 164 projects, including 154 private sector projects, says Shahin Mustafayev, Azerbaijan`s economy minister.
Mustafayev made the remarks at a meeting with Suma Chakrabarti, the EBRD head, who is on a visit to Baku May 24.

"Azerbaijan attaches great importance to the relations with the EBRD," Mustafayev said, adding that Chakrabarti`s visits to the country testify to the expansion of successful cooperation.

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