Azerbaijan loses discount credit from World Bank

As Azerbaijan is becoming a country with medium income, the 2011 financial year (30 June 2010 - 30 June 2011) is the last year that it qualifies for discounts on credit from the World Bank, a representative of the Bank said today, Trend reports.
"Today the main task is to understand what should be done to become a country with medium output. We are ready to cooperate with Azerbaijan in the period of economical development as well", the vice-president of the World Bank in Europe and Asia said.

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