In general, the international financial institutions have directed more than $8.05 billion to finance 45 projects in Azerbaijan for the last year.
The analysis of the loan reports of the international financial institutions, issued under the state guarantee, shows that most of the funds allocated in 2015 (33.9 percent or $2.73 billion), accounted for the World Bank`s share. During the reporting period, the WB financed 17 projects in Azerbaijan.
The commercial banks directed $1.9 billion to implement seven projects in Azerbaijan, the Asian Development Bank (ADB) - $1.47 billion for eight projects, the European Bank for Reconstruction and Development (EBRD) - $750 million per project, the Japan International Cooperation Agency (JICA) - $525.62 million for two projects, the Islamic Development Bank (IDB) - $411.28 million for four projects, German Development Bank KfW (Germany) - $191.42 million for four projects, the Saudi Fund for Development - $60 million for two projects and the International Fund for Agricultural Development (IFAD) - $19.7 million per project.
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