Economy Minister Mikayil Jabbarov has said that Azerbaijan attaches great importance to cooperation with Asian Development Bank, reminding that the bank has allocated over $5.2 million for the implementation of a number of projects in the country.

The COVID-19 pandemic has shown that now new technologies, innovation, and digitalization are an important component of economic development, Deputy Minister of Economy of Azerbaijan Rovshan Najaf said Trend reports.

Donors have agreed to allocate additional funds over $4 billion for the Asian Development Bank’s (ADB) Asian Development Fund (ADF) and Technical Assistance Special Fund (TASF), for the 4 years from 2021 to 2024, Trend reports citing the ABD.

The Asian Development Bank will allocate $780 million to Azerbaijan as part of the business plan approved for Azerbaijan for 2021-2023, local media reported with reference to the fund.

Work is underway in Azerbaijan to start a pilot project on installation of solar panels on the surface of Lake Boyukshor near Baku on an the area of 800 square meters, the Energy Ministry reported on July 13.

The Asian Development Bank (ADB) has renewed a memorandum of understanding (MoU) with the International Energy Agency (IEA) to scale up collaboration and advance progress on sustainability with increased focus on energy sector resilience in Asia and the Pacific, Trend reports with reference to ADB.

United Nations Children’s Fund (UNICEF) and Asian Development Bank (ADB) handed over medical supplies to Uzbekistan's Agency of Sanitary Epidemiological Wellbeing to assist the country in its COVID-19 battle, Trend reports with reference to ADB.

The index of food price growth in Azerbaijan will be 2.8 percent in 2020, according to the published Asian Development Outlook Supplement for the next two years, Trend reports citing report of Asian Development Bank (ADB).

NGO Forum on ADB, a network of over 250 civil society organizations across Asia calls out the Asian Development Bank (ADB) to end its green posturing and make real commitments towards a Paris aligned policy and appropriate clean energy investments, Trend reports with reference to ADB.

Asian Development Bank (ADB) is expecting to soon sign an agreement on reconstruction of Aktobe-Kandyagash road in Kazakhstan, ADB representative told Trend.