Samir Sharifov: "Azerbaijan to allocate $7 million to international organizations as donors"
  • ECONOMY

  • 00:28 06 December 2019

Samir Sharifov: "Azerbaijan to allocate $7 million to international organizations as donors"

"Next year Azerbaijan will allocate USD 7 million to a number of international organizations that have partnered as donors," said Samir Sharifov, Minister of Finance of the Republic of Azerbaijan, at the event dedicated to the 20th anniversary of the Asian Development Bank's cooperation with Azerbaijan, ONA reports.

Mr Sharifov emphasized that according to the order of President Ilham Aliyev, Azerbaijan will act as a donor country in a number of international organizations from next year.

Thus, Azerbaijan allocating USD 2 million to the Asian Development Bank in the Asian Development Fund, USD 2 million in European Bank for Reconstruction and Development, USD 3 million in the International Development Association will act as a donor.

"This is Azerbaijan's contribution to international development," the minister said.

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