What is Azerbaijan's stake in WB shares

03.10.2022,12:51


October 3, Fineko/abc.az. Azerbaijan's equity stake in the shares of the World Bank is 0.13%, ABC.AZ reports, citing WB representative Zaur Rzayev at a training for journalists at the Central Bank.

During the training, he touched upon other issues, noting that the Azerbaijani government has recently reduced borrowing from the WB.

The WB has a total of 50 projects in Azerbaijan ($3.4 bn in financing).

The number of current projects is 10, and their cost of financing is $2.4 bn.