Today.Az » Business » WB to allocate credit for improvement of Azerbaijan's railway infrastructure
12 February 2008 [10:30] - Today.Az
The World Bank will allocate credits in the amount of $465,000,000 to Azerbaijan.
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.
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