Tag:

Asian Development Bank

Azerbaijan receives $5.5 billion in funding from ADB

The Asian Development Bank has provided approximately $5.5 billion in financing for 145 projects in Azerbaijan, according to the country's Finance Ministry.

14 Apr 2026-19:25
Azerbaijan joins major ADB climate water initiative

The Asian Development Bank has approved a new regional project on transboundary water cooperation, with Azerbaijan joining six other participating countries to strengthen climate-resilient water management across Central Asia and the Caucasus.

29 Jan 2026-11:20
ADY accelerates efforts to cut carbon footprint

Azerbaijan Railways (ADY) is continuing to reduce its carbon footprint through the use of modern electric trains, solar-powered depot facilities and expanded digital solutions.

26 Jan 2026-10:30
ADB to invest $50m in Azerbaijan border modernization

The Asian Development Bank (ADB) is considering allocating a $50 million credit facility to support a regional project aimed at modernizing border crossing points, with Azerbaijan playing a leading role in the initiative.

26 Jan 2026-09:30
ADB, World Bank launch Pacific islands projects

The Asian Development Bank (ADB) and World Bank on Thursday launched two projects in the Pacific under a first-of-its-kind cofinancing model designed to streamline processes and speed delivery.

04 Dec 2025-12:59
Azerbaijan, ADB discuss reconstruction, investment plans

Azerbaijani Prime Minister Ali Asadov and Asian Development Bank (ADB) President Masato Kanda met in Baku on Friday to discuss programmes supporting the restoration and economic revival of Azerbaijani territories liberated from Armenian occupation, as well as the investment potential of these regions.

14 Nov 2025-19:17
Azerbaijan, ADB advance plans for next stage of Baku metro expansion

Azerbaijan and the Asian Development Bank (ADB) have discussed the next phase of expanding the country’s urban transport network, ADB President Masato Kanda said on social media, News.Az reports, citing local media.

14 Nov 2025-18:47
President Aliyev, ADB chief discuss expanding cooperation, regional connectivity

Azerbaijan's President Ilham Aliyev and Asian Development Bank (ADB) President Masato Kanda on Friday discussed cooperation between Azerbaijan and the ADB, highlighting the successful implementation of joint projects.

14 Nov 2025-13:16
Green Fund backs $250m Asia project

The Green Climate Fund has approved $250 million in financing for the Asian Development Bank’s (ADB) new regional program, “From Glaciers to Farms.” The initiative aims to build sustainable water and agricultural systems for vulnerable communities living in glacier-dependent areas across Central Asia, the South Caucasus, and Pakistan.

29 Oct 2025-11:05
ADB maintains inflation outlook for Azerbaijan

The Asian Development Bank (ADB) has kept its inflation forecast for Azerbaijan steady, projecting average annual inflation at 4.2% in 2025 and 3.5% in 2026, according to the bank’s September update.

30 Sep 2025-10:04