Russian loans for Serbia's budget?

Russian and Serbian finance ministers will in the coming weeks consider whether Moscow could finance some infrastructural projects in Serbia. This is according to First Deputy PM Ivica Dacic's statement on Saturday, who also said the talks will include negotiating a possible loan to be used to help the Serbian budget. Russian loans for Serbia's budget? Dacic, who recently returned from Moscow, told B92 that the idea came from the Serbian side, while the Russians expressed their readiness to assist us. His meetings in Moscow, he revealed, included talk on extending the list of products included in the free trade regime between the two countries, clearing debt agreement ratification – that will be used to finance reconstruction of the Djerdap power plant on the Danube – filling of the Banatski Dvor underground gas storage, and Russian financing of the Belgrade bypass and metro projects. "Just as Serbia talked to the IMF and the European banks, so there was the idea to go to Russia and China," Dacic said of the budget loan. The deputy PM also announced that an agreement regulating the cancelling of the visa regime between the two countries would come into effect in the next couple of days.

Russian loans for Serbia's budget?

Dačić, who recently returned from Moscow, told B92 that the idea came from the Serbian side, while the Russians expressed their readiness to assist us.

His meetings in Moscow, he revealed, included talk on extending the list of products included in the free trade regime between the two countries, clearing debt agreement ratification – that will be used to finance reconstruction of the Đerdap power plant on the Danube – filling of the Banatski Dvor underground gas storage, and Russian financing of the Belgrade bypass and metro projects.

"Just as Serbia talked to the IMF and the European banks, so there was the idea to go to Russia and China," Dačić said of the budget loan.

The deputy PM also announced that an agreement regulating the cancelling of the visa regime between the two countries would come into effect in the next couple of days.