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04. September 2002 |
World Bank places 150 million dollars in Yugoslavia
BELGRADE - The World Bank has so far placed about 150 million dollars in credits in Yugoslavia, of the 540 million it plans to invest in a three-year period, the Yugoslav Finance Ministry said on Wednesday.
About 250 million dollars' worth of credits have been contracted so far to finance structural reforms. After this, the World Bank will support financing of
in structural projects. In agreement with federal and republican organs which deal in development, 90 percent of the World Bank funds will be placed in Serbia and 10 percent in Montenegro.
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