World Bank to provide Azerbaijan with another loan

The World Bank is going to provide Azerbaijan with another loan, 1news.az reports. The Bank is ready to lend the country $12 million for three years. 

The corresponding document is going to signed on September 21. The ceremony will probably be held in the office of the Azerbaijani State Committee for Capital Issues.

The draft agreement was approved by the board of directors of the World Bank on March 17, 2011.