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06. July 2002 |
Montenegro to pay its share of debt to Paris Club
Montenegro will pay its share of the debt to the Paris Club before it agrees with Serbia about its share of the debt, the president of the council of the Montenegrin Central Bank, Ljubisa Krgovic, has said.
Krgovic said that the manner and level of repayment of the debt to the World Bank had already been agreed on, and that this would be done soon for other international creditors. When Serbia and Montenegro reach an agreement, and they are close to doing it, then we shall pay our dues, Krgovic said.
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