Half of NIP funds spent – minister

Dragan Đilas said Wednesday that only half of this year's NIP allocated funds, worth EUR 550mn, have been spent so far.

Izvor: Beta

Thursday, 27.09.2007.

19:16

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Dragan Djilas said Wednesday that only half of this year's NIP allocated funds, worth EUR 550mn, have been spent so far. Djilas (DS) who is a minister without portfolio in charge of the National Investment Plan (NIP), told a news conference that he expected the remaining three and a half months until the end of 2007 to see the rest of the money spent on new projects. Half of NIP funds spent – minister He reminded that funds allocated for 2007 cannot be transferred to the next year. Djilas, who spoke in Cacak, hometown of Velimir Ilic, the minister formerly in charge of the sometimes contested government investment program, also said that in 2008, projects will be financed not only from the budget but also through European investment funds loans.

Half of NIP funds spent – minister

He reminded that funds allocated for 2007 cannot be transferred to the next year.

Đilas, who spoke in Čačak, hometown of Velimir Ilić, the minister formerly in charge of the sometimes contested government investment program, also said that in 2008, projects will be financed not only from the budget but also through European investment funds loans.

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