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May 19 2003 - Monday |
World Bank supports employment promotion with 2.75 million loan
13:31 BELGRADE , May 19 (Tanjug) - Serbia and Montenegro Foreign Trade Minister Branko Lukovac and World Bank Director for Southeast Europe Orsalio Kalantzopoulos signed on Monday a 2.75 million dollar credit agreement intended for employment promotion in Serbia.
The credit is extended over 20 years, with a ten year grace period, and the whole project of employment promotion is
co-financed by the British development fund with 1.75 million dollars so that the overall investment into employment policy reform will reach 4.5 million dollars.
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