The amount of the first tranche of the loan, which has been allocated for 25 years, is $250 million.
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Azerbaijan, ADB ink loan deal
27 July 2016
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Azerbaijan’s Azerishig JSC and the Asian Development Bank (ADB) have signed an agreement on the allocation of the loan’s first tranche to improve the power distribution system in Azerbaijan, ADB Baku office told on July 27.
The agreement has been signed by the head of Azerishig Baba Rzayev and ADB country director in Azerbaijan Nariman Mannapbekov.
The amount of the first tranche of the loan, which has been allocated for 25 years, is $250 million.
The amount of the first tranche of the loan, which has been allocated for 25 years, is $250 million.
