17:02 - 11.03.2022

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March 11, Fineko/abc.az. The Azerbaijani government signed two loan agreements for totally $415 million from international and commercial financial-credit organizations, ABC.AZ reports with reference to the government's report for 2021.

In 2020, Azerbaijan signed two loan agreements for $150 million.

"In 2021, the loan agreements for $415 million were signed to finance two projects: the development of regional roads (with the World Bank for $65 million) and a program to reduce the negative impact of COVID-19 (with the Asian Development Bank and the Asian Infrastructure Investment Bank for $350 million)," the report says.