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p. 1 of 6 BACK | NEXT I. Introduction II. ADB’s Classification Policy III. Key Facts of Azerbaijan IV. Criteria for Classification of Azerbaijan V. Operatinoal Implications VI. Recommendation

The Country Classification of Azerbaijan

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I. Introduction

1. Azerbaijan was officially recognized as a developing member country (DMC) of Asian Development Bank (ADB) in December 1999. ADB's policy is to classify each DMC according to its eligibility for loan assistance. The classification will also determine the applicable cost sharing ceiling and the eligibility for the domestic preference scheme. This paper provides recommendations on Azerbaijan's classification, based on the criteria in the ADB's graduation policy paper of November 1998.^a The economic discussions draw from the background information provided in the Economic Report and Interim Operational Strategy for Azerbaijan^b, that was circulated to and discussed by the Board in November 2000.

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