“Russian loan to cover part of deficit”

Finance Minister Diana Dragutinović said that the loan coming from Russia will cover part of Serbia’s budget deficit for next year.

Izvor: B92

Sunday, 13.12.2009.

10:06

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Finance Minister Diana Dragutinovic said that the loan coming from Russia will cover part of Serbia’s budget deficit for next year. All indicators show that next year will be better than 2009, Dragutinovic said. “Russian loan to cover part of deficit” While presenting the 2010 budget draft to the parliament, she said that part of the RSD 107bn deficit will be covered by the credit approved by the Russian Federation for Serbia. Dragutinovic said that the budget looks to promote development. “The part of the negotiations related to Russia’s support of the Serbian budget was finished about ten days ago and the Russian Finance Ministry is expected to approve credit worth USD 200mn,” Dragutinovic told journalists. “The interest rate is expected to be 3.57 percent, which is the most favorable credit for financing the budget deficit which we have received,” Dragutinovic said. Diana Dragutinovic (Tanjug)

“Russian loan to cover part of deficit”

While presenting the 2010 budget draft to the parliament, she said that part of the RSD 107bn deficit will be covered by the credit approved by the Russian Federation for Serbia.

Dragutinović said that the budget looks to promote development.

“The part of the negotiations related to Russia’s support of the Serbian budget was finished about ten days ago and the Russian Finance Ministry is expected to approve credit worth USD 200mn,” Dragutinović told journalists.

“The interest rate is expected to be 3.57 percent, which is the most favorable credit for financing the budget deficit which we have received,” Dragutinović said.

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