Kazan to Receive from World Bank Credit in Amount of 125 million dollars

The credit in amount of 125 million dollars is channeled to Kazan by the World bank. This week the first tranche to be received sized 50 million dollars. Besides today from Rosbank the capital of Tatarstan receives 1 billion roubles of the bonded loan.

The World bank, K.Ishakov noted, for the first time has to o deal with separately taken city, or municipal formation while earlier the World bank had granted credits only to the states. 125 million dollars are allocated for municipal development of Kazan.