World Bank to "soon" decide on loan for Serbia
The World Bank (WB) will soon decide on whether to approve a loan of USD 200 million to Serbia.
Thursday, 18.07.2013.
11:15
BELGRADE The World Bank (WB) will soon decide on whether to approve a loan of USD 200 million to Serbia. This was "so far conditioned by the arrangement with the International Monetary Fund (IMF)," Tanjug reported head of the World Bank Office in Serbia Loup Brefort as saying. World Bank to "soon" decide on loan for Serbia The decision on the issue will be made in the coming two-three weeks, Brefort told RTS in Belgrade. He underlined that the WB believes that structural reforms are very important and that they are on the right track to secure macroeconomic stability and reduction of the fiscal deficit. Brefort underscored that an action plan was proposed in the talks with the government concerning the moves which should be made. "These are not conditions, but measures which should be implemented before the WB gets involved," he said. The recent adoption of the economic package is the best condition which ensures continuation of cooperation with the World Bank, said Brefort, whose term of office as the WB head in Serbia expires by the end of the month. (Tanjug, file) Tanjug
World Bank to "soon" decide on loan for Serbia
The decision on the issue will be made in the coming two-three weeks, Brefort told RTS in Belgrade.He underlined that the WB believes that structural reforms are very important and that they are on the right track to secure macroeconomic stability and reduction of the fiscal deficit.
Brefort underscored that an action plan was proposed in the talks with the government concerning the moves which should be made.
"These are not conditions, but measures which should be implemented before the WB gets involved," he said.
The recent adoption of the economic package is the best condition which ensures continuation of cooperation with the World Bank, said Brefort, whose term of office as the WB head in Serbia expires by the end of the month.
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