Asian Development Bank to Allocate $ 1.6 Billion to Azerbaijan
Baku / 27.09.17 / Turan: In 2018-2020, the Asian Development Bank (ADB) will allocate $ 1.6 billion to Azerbaijan, the Bank said, according to the official ADB website.
According to the approved business plan for operations in Azerbaijan, ADB will allocate $ 700 million in 2018 and $ 450 million in 2019 and 2020 each.
The funds will be directed to water (infrastructure), transport (road and rail), energy, and public sector management projects. -71D-
Finance
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The Central Bank of Azerbaijan (CBA) has issued mandatory instructions to the companies "Pasha Insurance," "Gala Insurance," and "Azerbaijan Industrial Insurance."
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USD 1,7 EUR 1,8395
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Payments for services and other fees paid to municipalities in Azerbaijan will also be made in a non-cash manner.
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The Central Bank of Azerbaijan (CBA) has included five companies from four foreign countries in the register of foreign insurers, reinsurers, and insurance brokers.
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