AZ TR RU EN
»Make my homepage »Add to favorites »Add to website »Archive
Mainpage Photo Gallery Vıdeo Gallery Contact
   
LAST MINUTE : 26 years pass since successful Horadiz operation of Azerbaijani army  •   Jankauskas: Conclusion of new agreement with Azerbaijan remains among top priorities for EU  •   Turkey’s trade with Azerbaijan up  •   Azerbaijani, Iranian FMs discuss regional situation over phone  •   394 candidates for MP registered in Azerbaijan  •   Azerbaijani weightlifter crowned European champion  •   Azerbaijan, Russia sign three documents  •   UN Secretary General informed about Armenia’s policy of genocide against Azerbaijanis and glorification of Nazis  •   Azerbaijan`s Defense Ministry: Armenian armed units violated ceasefire 22 times  •   Defense ministry clarifies issue of joint military exercises among Azerbaijan, Turkey and Qatar  •   Armenian delegation makes provocation at UNESCO meeting in Paris  •   Azerbaijan, Japan hold political consultations  •   From illusions in Armenia to reality: summary notes of Azerbaijani journalist  •   Political provocation of Armenian MPs once again suppressed in Sofia  •   Energy minister: US always renders support for Azerbaijan’s energy initiatives  •   Foreigners now able to get work permits in Azerbaijan even faster  •   Azerbaijan`s Defense Ministry: Armenian armed units violated ceasefire 22 times  •   Russia, Azerbaijan to exchange tax-related information  •   Azerbaijan introduces new application rules for temporary residence permit  •   Jewish Journal: Delegation of Karabakh Survivors Embraced in Los Angeles  •  
News World Latest News Economics Politics Diaspora Sport Culture
» ADB to allocate nearly $800 mln to Azerbaijan
27/09/2017 Yazdır

The country operations business plan (COBP), 2018–2020 is consistent with the country partnership strategy, 2014–2018 of the Asian Development Bank (ADB) for Azerbaijan that focuses on promoting inclusive growth by increasing economic opportunities and improving access to basic services, APA-Economics reported.

Azerbaijan, a Group C developing member country, is eligible for regular ordinary capital resources (OCR) lending

The indicative resources available for commitment for sovereign operations during 2018–2020 amount to $780 million. An indicative sovereign lending program of $900 million, 15% higher than the indicative resources, is proposed.

During 2018–2020, ADB also expects to commit technical assistance (TA) amounting to $2.5 million to be financed from internal sources and supplemented, whenever feasible, by ADB-administered trust funds and other external sources.

The ADB indicative program for 2017 consists of two loans totaling $450 million on a standby basis, and TAs totaling $1.225 million from internal and external sources.