World Bank continues to support Serbia-Montenegro
BELGRADE – Representative of the World Bank, Vesna Kostic, today confirmed that their international finance department would continue to support Serbia, following the tragic death of Serbian Prime Minister Zoran Djindjic, to ensure that the Serbian Government maintains its reform path.
Speaking to B92, Kostic explained that the first steps to be taken by the World Bank will be the opening of negotiations regarding the details of the health department project, due to start on 25 March, for which 20 million dollars had already been earmarked.
Kostic continued by outlining the short-term goals, which include the transfer of a recently approved loan of 15 million dollars for structural adjustment in Montenegro, followed by a loan to Serbia for infrastructure in the amount of 80 million dollars, and other loans to help implement reforms of the financial sector and privatisation.
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