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June 13, 2003 - Friday |
Agreements on 10-million-dollar interest-free WB loans signed
20:27 BELGRADE , June 13 (Tanjug) - Serbia-Montenegro Minister of International Economic Relations Branko Lukovac and head of the World Bank office in Belgrade Rory O'Sullivan on Friday signed two agreements on interest-free loans at the total value of 100 million dollars, granted by the World Bank under IDA conditions.
The Serbia-Montenegro Council of Ministers said in a statement that the first agreement at the value of 80 million dollars was to be used for the structural adjustment of the private and financial sectors of Serbia (PFSAC II) and the second, at the value of 20 million dollars, for the financing of health care reforms in Serbia.
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