WB approves Serbia USD 200mn loan

The World Bank has approved a USD 200mn loan as support to Serbia's 2009 budget, Economy Minister Mlađan Dinkić said.

Source: Beta

Wednesday, 18.11.2009.

09:20

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The World Bank has approved a USD 200mn loan as support to Serbia's 2009 budget, Economy Minister Mladjan Dinkic said. At the launch of the construction of a new Algerian embassy in Belgrade, Dinkic stated that the loan was the first result of successful agreements with the International Monetary Fund on the revision of the credit stand-by arrangement. WB approves Serbia USD 200mn loan Simon Gray, WB office in Serbia director, said earlier on Monday that the loan was intended for reducing the public sector and improving the business climate in Serbia. We have only begun these reforms and it is important that they continue so people in Serbia could benefit from them, Gray said.

WB approves Serbia USD 200mn loan

Simon Gray, WB office in Serbia director, said earlier on Monday that the loan was intended for reducing the public sector and improving the business climate in Serbia.

We have only begun these reforms and it is important that they continue so people in Serbia could benefit from them, Gray said.

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