Azerbaijan – Internally Displaced Persons Economic Development Support Project [Additional Financing]

IDA Credit: US$15 million

TERMS: Maturity = 35 years; Grace = 10 years.

PROJECT DESCRIPTION: This additional financing will improve living conditions, enhance economic opportunities and increase prospects for social integration for 150,000 displaced by the conflict with Armenia which ended in 1994. It will support the scaling up of the micro-project component of the ongoing Project to meet the needs of the people living in Internally Displaced Persons (IDP) communities across Azerbaijan. The Additional Financing will also cover the operational cost of the Social Fund for the Development of Internally Displaced Persons (SFDI), the implementing agency of the Project.

For more information, call Michael Jones at (202) 473-2588 or email mjones2@worldbank.org

For project documents, please visit:

http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P107613