Azerbaijan, ADB to sign new loan agreement

Musa Panahov, Deputy Minister of Transport, said Azerbaijan had previously signed a Multitranche Financing Facility (MFF) framework agreement that provides tranches to finance transport projects in the country.
The project that envisions rehabilitation of 39km two-lane road as part of the East-West Highway from Baku to Georgian borer will also strengthen Azerbaijan’s transport links to Georgia with an aim to promote regional cooperation
The project is estimated to cost $73.9 million, $18.5 million of which will be provided by the Government of Azerbaijan.
Finance

ING reveals effects of falling oil prices on Azerbaijan

Tax revenues from Azerbaijan's non-oil and gas sector increase by over AZN 260 mln

ING: Azerbaijan's Central Bank has limited ability to lower interest rates this year

ING releases economic growth forecast for Azerbaijan
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