Government of Azerbaijan Receives Total of $ 10.4 Billion under State Guarantees
According to the report of the Cabinet of Ministers, published in the run-up to its consideration by the parliament, in the past year the government received $741.1 million on the basis of three loan agreements under the state guarantees from international commercial and financial organizations
The balance is as follows: the Czech group of Societe Generale provided 458.86 million Euros, the Japanese corporation Sumitomo Mitsui Banking Corporation - 132 million Euros and the head office of Societe Generale - 85,37 million Euros.
In comparison with the funds received in 2014, it decreased by $ 237.2 million (a year ago 12 agreements for $ 978.3 million were signed previously).
In the years 1994-2015 the government received a total of $10 billion 327.5 million for the implementation of projects and programs, out of which just over two-thirds ($ 7 billion 285.8 million) was disbursed. --17D-
-
- Social
- 11 March 2016 12:17
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review