WB ALLOCATES LAX CREDIT TO AZERBAIJAN
The scheduled program consists of two parts, WB’s leading economist Christian Peterson told AzerTAj correspondent. One part is to allot credit to the country; the other one provides an extra investment project to support the credit. The WB supports both the governmental program for poverty reduction and the Presidential Decree “On measures for acceleration of the socio-economic development in Azerbaijan”. If the first part of the program is ready duly, the volume of credits to be allotted by July will rise up to $25 million.
The requirements for Azerbaijan to receive the credit will not be so strict.
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