Catalog

	Table of Contents
p. 5 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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V. Operational Implications

27. Aiming at sustainable economic growth and human development; AO8's assistance to Azerbaijan will begin with two operational foci. One focus will be direct assistance to the poor, especially refugees and lDPs, to help them achieve self-reliance and reintegration into economic mainstream. The other focus is support for poverty reduction through non-oil sector development. Good governance is essential to underpin ADB's support. A classification of B1 for Azerbaijan will allow the country to be eligible for ADF with limited OCR in receiving ADB's financing assistance.

28. As a group B1 country, Azerbaijan will have to contribute a minimum of 20 percent to the total costs of TAs and share 30 percent of costs for project finance. To avoid undue hardship especially for countries in transition, ADB financing may exceed the country's cost-sharing limit on a project basis.

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