WB to allocate credit for improvement of Azerbaijan's railway infrastructure

The said funds will be used to modernize railway infrastructure and to improve social state of refugees and IDPs.

The due information has been provided by Novosti-Azerbaijan with reference to bank's Baku office.

Of the said amount $450,000,000 will be used for improvement of railway infrustructure and $15,000,000 for improvement of living conditions of refugees.

The World Bank has already allocated a credit in the amount of $11,000,000 for improvement of living conditions of refugees.