Baku 11° C
World Bank Group increases loans by 10%
Finance
- 13 July, 2016
- 08:25
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 13 July. REPORT.AZ/ Over the past year the World Bank Group has allocated a loan of USD 61 billion.
Report informs, this was stated in the report of the bank for the period from 1 July 2015 to 30 June 2016.
According to the report, International Bank for Reconstruction and Development (IBRD) had 29.7 billion USD, International Development Association (IDA) - 16,2 billion USD, the International Finance Corporation (IFC) - 11 billion USD, multilateral investment Guarantee agency (MIGA) – 4,3 billion USD of total allocated credits.
This year, the group has issued USD 5.3 billion or 9.52% more than in the same period last year.
Author
Latest News
10:22
Photo
Hungary expresses interest in Azerbaijan's ASAN Service and volunteer program
Foreign policy
10:07
Azeri Light crude nears $107 per barrel
Energy
09:49
Police officer, suspect killed in US shootout
Other countries
09:46
Azerbaijan holds 24th place in UEFA rankings
Football
09:43
WB: Azerbaijan reduces external debt amid rising levels across Europe, Central Asia
Finance
09:40
Photo
Azerbaijan, Ukraine adopt cooperation plan at Uzhhorod meeting
Energy
09:34
US Democrats target tariffs on Canadian goods in push to revise Trump trade policy
Other countries
09:31
Brent exceeds $100
Energy
09:26
Iran launches domestic satellite internet project to counter Starlink
Region