Baku, Fineko/abc.az. Ilham Aliyev, the President of Azerbaijan has received today Asian Development Bank president Haruhiko Kuroda.
The Presidential Administration press service informs that in the meeting it was underlined that sound management with economy and oil revenues in Azerbaijan create opportunities for growth in the future.
The country’s leader pointed out that Azerbaijan despite global credit crunch is ready to continue development programs in non-oil sector.
“Mr. Kuroda is visiting Baku to participate in VII CAREC ministerial conference (November 21). This is his first visit to the capital of Azerbaijan.
By the present the Bank has financed $500 million to the country for road infrastructure upgrade and is ready to increase financing for energy sector upgrade from $160 million up to $500 million.
20.11.2008 15:40
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- International donorship of Azerbaijan will not concern international financial organizations
- KfW to start modernization of water supply and sewage in Azerbaijani cities from Sheki till end of year
- Azerbaijani government expects single-digital growth of GDP in 2011
- Azerbaijan becomes international donor
- ADB wants to choose “best of best” in Azerbaijan
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- Project of modernization of water supply to be worked out for six Azerbaijani districts till 15 November
- On September 19 World Bank to approve new Country Partnership Strategy for Azerbaijani
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