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World Bank to allocate Georgia USD 50 mln more

2010-07-30 16:47

The World Bank allocates Georgia another USD 50 mln - Business Gruzia.

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USD 40 mln will be given as a lax credit on the International Association of Development line.

The rest will be allocated as a usual loan from the WB directing agency - the International Bank of Reconstruction and Development.

According to the bank's statement, the aim of the project is support of governmental reform program to ease consequences of the decrease, for favouring sanitation, and preparation for post-crisis growth.

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