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 Accounting Chamber has revealed shortcomings in the Baku State University and the Azerbaijan State Academy of Physical Culture and Sport.
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In 2023, the salary costs of employees of the State Oil Fund of Azerbaijan (SOFAZ) amounted to 9.8 million manats. This is stated in the financial statements of the Fund, which were audited at the end of the last year.
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Azerbaijan's justified state budget expenditures totalled AZN 4,948 million in the first half of 2024.
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As of the end of June 2024, credit unions in Azerbaijan had a balance sheet capital of AZN 9.1 million. This is stated in the credit union review published by the Central Bank of Azerbaijan.
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