WB to provide Central Asian countries with $27 billion

Business Materials 30 January 2012 17:45 (UTC +04:00)

Azerbaijan, Baku, Jan. 30 / Trend V. Zhavoronkova/

The World Bank expressed its readiness to provide countries with developing economy of Europe and Central Asia with $27 billion, Avesta.tj reported.

The funds are expected to be allocated within next two years to the countries which were affected by European crisis.

The funds are aimed to support private sector including the increase of investments, incomes and job spots. Also the money will be invested in consulting, financial support of banking sectors and strengthening of social protection systems of previously mentioned countries.