News dalla rete ITA

9 Gennaio 2017

Azerbaijan

ADB, AZERBAIJAN SIGN $500M LOAN AGREEMENT

Azerbaijan’s government and the Asian Development Bank (ADB) signed an agreement on a $500-million loan, according to the document posted on the ADB website. The loan was approved by the ADB on Dec. 7. It is designed to cover social maintenance, creating jobs and diversifying the economy to mitigate the adverse impact of decrease in oil prices. (ICE BAKU)