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-

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