Asian Development Bank and Azerbaijan: Fact Sheet
ADB supports Azerbaijan in diversifying its economy, fostering new economic opportunities, promoting inclusive growth, and reducing disparities between urban and rural areas.
The Government of Azerbaijan has drafted a road map for the country’s development towards competitive, sustainable, and inclusive economic growth.
ADB will also support the reform agenda of the government, assist in improving technical and vocational education and training, and leverage in-country expertise to produce and distribute knowledge products and services in Azerbaijan. Private sector opportunities will continue to be explored to further diversify the economy and to help private enterprise play a greater role in developing industry, trade, small and medium-sized enterprises, and infrastructure. ADB has approved $3.65 billion in lending, grants, and technical assistance for Azerbaijan since 1999.
Updated yearly, this ADB Fact Sheet provides social and economic indicators on Azerbaijan as well as concise information on ADB's operations in the country and contact information.