Portfolio of the Asian Development Bank (ADB) on Azerbaijan decreasing by 30.2% amounted to USD 1,155 bln. in 2019, APA-Economics reports citing Bank’s report on finals of 2019.
Decrease of USD 500 thousand has appeared as a result of ADB’s refusal from providing credit in the amount of USD 500 thousand for the realization of Southern Gas Corridor project of Azerbaijan in 2019.
The ADB notes 41% of the grants and credits, included in the Bank’s portfolio on Azerbaijan has not been yet used until the end of the reporting year.