BAKU, Azerbaijan, February 27. The
Islamic Development Bank is within the initiatives underway in
Azerbaijan’s Shusha, Trend stories by way of Azerbaijan’s Ministry of
Economy.
According to the ministry, this was said through the
go to of the Chairman of the Bank H.E. Dr. Muhammad Al Jasser to
Shusha.
During the go to, the Special Representative of the
President of Azerbaijan in Shusha, Aydin Kerimov, knowledgeable the
visitors concerning the present work underway in Shusha.
In addition, the representatives of the Ministry of
Economy made a presentation on the financial potential of the
liberated territories, the infrastructure initiatives underway, and
the advantages utilized to entrepreneurs.
In flip, Chairman of the Bank H.E. Dr. Muhammad Al
Jasser famous the significance of the initiatives carried out collectively
with Azerbaijan by way of the nation’s financial growth
(together with infrastructure) and pressured the nice potential for
increasing cooperation.
H.E. Dr. Muhammad Al Jasser extremely appreciated the
work finished and the Bank’s curiosity within the initiatives underway in
Shusha. Furthermore, he additionally pressured the potential for
cooperation within the subject of investments.
During the go to to Shusha, the delegation of the
Islamic Development Bank Group received acquainted with town sq.
of Shusha, the Khan gizi spring, the partitions of the Shusha Castle,
and visited the Yukhari Govhar Agha Mosque and Jidir Duzu.
IsDB Group enjoys a powerful relationship with
Azerbaijan and is dedicated to fostering its socio-economic
growth. The IsDB Group has accredited a complete financing of about
$1.2 billion for Azerbaijan. This consists of $956 million in
financing by IsDB, $120.2 million accredited by ICD, $83.4 million in
commerce operations by ITFC, and $19.4 million by different IsDB Group
funds and operations. In addition, ICIEC has offered $92.5 million
as enterprise insured and $75.5 million as new insurance coverage
commitments