Baku 21° C
Azerbaijan’s voting right in Asian Infrastructure Investment Bank (AIIB) down nearly 3%
Finance
- 13 January, 2020
- 13:50
Add Report.az to preferred Google sources
Stay up to date with the top news!
Azerbaijan’s share in Asian Infrastructure Investment Bank (AIIB) has gone down 0.0009 percentage point to 0.2627%.
Report says, citing AIIB, that this was due to the admission of seven countries for membership in 2019. These countries are Algeria, Belarus, Belgium, Ecuador, Greece, Guinea, and Serbia.
As many as 102 countries have applied to the bank for membership, with 76 receiving a positive response.
According to the information, Baku’s voting right in this bank dropped by 117 votes or 2.93%. Currently, Azerbaijan’s voting right is limited by 5,069 votes or 0.4376%.
Azerbaijan’s nominal participation share in the bank has remained unchanged at $254.1 million.
Author
Azərbaycanın AIIB-də səsvermə hüququ 3%-dək azalıb
Право голоса Азербайджана в Азиатском банке инфраструктурных инвестиций снизилось до 3%
Latest News
08:03
IMF expects Azerbaijan's economy to grow 2% on average in 2026-2027
Finance
07:51
IMF raises Azerbaijan's 2026-2027 current account surplus forecast
Finance
07:38
Azerbaijan says development cannot be sustained without traditional energy
Foreign policy
00:28
Ali Asadov sends congratulations to Morocco's first female head of government
Foreign policy
00:22
Azerbaijani wrestlers win two gold medals at Vladikavkaz tournament
Individual sports
23:35
Video
President Ilham Aliyev's social media accounts shared video on Cambodian Prime Minister's visit to Azerbaijan
Foreign policy
23:17
Parviz Shahbazov: Oil market stability also depends on safe energy deliveries
Energy
23:11
Georgia seeks role in China-Kyrgyzstan-Uzbekistan transport route
Region
22:34
Education authorities inspect dress-code compliance in Baku schools
Education and science