Azerbaijan and ADB
In the Spotlight
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Financial Inclusion, Financial Literacy, and Financial Education in Azerbaijan
This paper discusses the status of financial inclusion, education, and literacy in Azerbaijan as well as measures to foster the development of small and medium-sized enterprises, which currently have inadequate access to financial resources.
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Azerbaijan's Latest Country Fact Sheet
ADB supports Azerbaijan in diversifying the country’s economy, fostering new economic opportunities, promoting inclusive growth, and reducing disparities between urban and rural areas. Read the latest fact sheet.
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Road Asset Management Best Practices in Central Asia
This publication compiles the best practices for the introduction and development of road asset management based on a desk review of the experiences in the 11 member countries of the Central Asia Regional Economic Cooperation (CAREC) Program, including Azerbaijan.
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ADB Approves $400 Million to Support Azerbaijan's Rail Sector, Modernize North-South Railway Corridor
ADB's Board of Directors has approved two loans totaling $400 million to help strengthen Azerbaijan’s railway sector and modernize and rehabilitate the Sumgayit–Yalama rail line, a key link in the North–South Railway Corridor.
Azerbaijan’s gross national income per capita has increased approximately tenfold in a decade and a half. This robust growth has been largely driven by the extraction and processing of fossil fuels, along with high levels of public expenditure.
The ADB country partnership strategy, 2014–2018 for Azerbaijan aims to diversify the economy, foster new economic opportunities, promote inclusive growth, and reduce disparities between urban and rural areas.
Azerbaijan is a member of the Central Asia Regional Economic Cooperation (CAREC) Program.
Latest
ADB-Sponsored Forum Supports Intra-Regional Trade Finance to Close Market Gaps
More than 100 representatives from 52 banks from the Caucasus, Central Asia, Mongolia, Pakistan, and Turkey gathered at a forum convened by ADB's Trade Finance Program to discuss ways of closing market gaps for trade finance.ADB Vice-President Visits Azerbaijan and Reconfirms Partnership
ADB Vice-President Mr. Wencai Zhang has expressed confidence in Azerbaijan’s development agenda and said ADB is ready to increase its support for the government’s economic reforms.
This study examines the potential role of the Central Asia Regional Economic Cooperation (CAREC) Program in improving aviation in the region.
Aviation and the Role of CAREC: A Scoping Study
Projects in the Azerbaijan
Approved/Active
- Railway Sector Development in Central Asia Regional Economic Cooperation Countries
- Asian Development Outlook 2019–2021
- Supporting Knowledge Solutions in Central and West Asian Countries
- Promoting Investments and Economic Growth in Central and West Asia, East Asia, and South Asia Subregions
- Floating Solar Energy Development
Closed
- Water Supply and Sanitation Investment Program - Tranche 4 (Additional Financing)
- Asian Development Outlook 2016-2018 - Asian Development Outlook 2016 (Subproject 1)
- Proposed Senior Loan to DemirBank for Supporting Micro, Small, and Medium-Sized Enterprises
- Preparing an Enabling Environment for Private Sector Participation in the Power Sector
- Asian Development Outlook 2015
