Forecast for Azerbaijan’s 2024 economic growth raised
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Azerbaijan’s economic growth to 3.1% in 2024 (from the 2.4% it …
EBRD
EBRD to help modernize Azerbaijan's energy sector
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) plans to privide a loan of up to $30 million to Azerbaijan. …
EBRD to finance Tbilisi's solid waste management system
The Georgian capital city of Tbilisi will have its first waste treatment plant to improve solid waste management and disposal thanks to a new €26 million funding from the European Bank for Reconstruction and Development and the Green Climate …
Azerbaijan, EBRD discuss cooperation
Today, Ilham Aliyev met with the First Vice-President of the EBRD
EBRD First Vice-President to visit South Caucasus
The EBRD representative will meet with officials and heads of the South Caucasus countries Central Banks
Georgian Finance Minister to take high post at EBRD
Georgian Finance Minister Lasha Khutsishvili will be one of the two Vice-Chairpersons of the Board of Governors of the European Bank for Reconstruction and Development (EBRD). This was reported in the Georgian Finance …
EBRD board approves suspension of access by Russia, Belarus to bank’s resources
The Board of Governors of the European Bank for Reconstruction and Development approved taking firm action against Russia and Belarus, suspending the access by both countries to its financing and expertise, the EBRD said in a statement on …
EBRD to close its offices in Moscow and Minsk
The European Bank for Reconstruction and Development (EBRD) announced that it would close its resident offices in Moscow and Minsk, the financial institution said on Monday. "The European Bank for Reconstruction and Development …
Japan seeks to help Uzbekistan ahead of China
Uzbekistan will become the latest nation to join the global race to carbon neutrality by 2050. In collaboration with the European Bank for Reconstruction and Development or EBRD, the central Asian republic is set to declare its intention to significantly cut its reliance on thermal energy sources. Uzbekistan will be one of the few developing Asian countries to openly pledge a fossil fuel emissions reduction target, Nikkei Asia writes
Uzbekistan’s privatisation plans forge ahead
The government of Uzbekistan has surprised international economists by announcing plans to forge ahead in 2021 with its ambitious privatisation plans, despite the global Covid-19 pandemic, Euronews writes in the article Despite the pandemic, Uzbekistan’s privatisation plans forge ahead. The virus has caused enough economic stress that the European Bank for Reconstruction and Development (EBRD) recently suggested a slow-down of major privatisations might be wise. “Earlier plans for large-scale privatisation of state-owned banks and enterprises may have to be delayed in case of slower-than-expected economic recovery,” the bank’s annual country assessment said
EBRD lends 217 mln euro to Georgia's state energy company
The European Bank for Reconstruction and Development (EBRD) said it had lent 217 million euros to Georgia’s state Oil and Gas Corporation (GOGC) to refinance its Eurobond issue maturing next year. GOGC, a major Georgian …
Baku, EBRD May Join Forces to Privatize State-Owned Enterprises in Azerbaijan
Top officials from Azerbaijan and the European Bank for Reconstruction and Development (EBRD) recently held discussions focused on prospects for cooperating to support the privatization of state-owned enterprises in the Caspian country. …
International Bank of Azerbaijan sets up investment company
to implement new business ideas
Ilham Aliyev receives delegation led by EBRD President
Azerbaijani President Ilham Aliyev has received a delegation led by President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti, according to the Azerbaijani …
EBRD to consult Turkmenistan on trade and export
The European Bank for Reconstruction and Development (EBRD) will hold a seminar on advanced export and trade finance practices in Ashgabat, the Union of Industrialists and Entrepreneurs of Turkmenistan (UIET) said. The event will be …
Central Asia’s largest solar plant launched in Kazakhstan
The project, amount at $137 million, was completed through private investment and borrowed funds from the EBRD
European financer plans to invest 1 billion euros in Turkey's economy
The European Bank for Reconstruction and Development has pledged nearly 1 billion euros in Turkish investment projects this year
Kazakhstan prepares for green transition
It has a decade to diversify away from oil
Italy calls on to lift ban on EBRD lending to Russia
Italy plans to propose ending a ban on European development bank lending to Russia in a sign of the new government in Rome’s wish for closer ties with Moscow. According to EU diplomats, Italian prime …
EBRD forecasts Azerbaijan’s GDP growth
European Bank for Reconstruction and Development (EBRD) forecasts 2.5%-growth in Azerbaijan’s GDP in 2018, according to the bank's Regional Economic Prospects report. ‘This is 0.5% higher than previous forecast’, …
