World Bank grants new credit to Azerbaijan

World Bank grants new credit to Azerbaijan
# 28 October 2011 09:59 (UTC +04:00)
“Credit allocates by the European Bank for Reconstruction and Development (EBRD) for the period of 20 years. Of these, 5 years will be preferential. Total cost of the project is $78.53 mln, of these, $ 50 mln will be financed by the WB, other part by Azerbaijani government”, told Baku office of the World Bank.

Note that, Azerbaijan is member of WB since 1992.
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THE OPERATION IS BEING PERFORMED