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September 24, 2003 - Wednesday |
Five million euro loan approved to Montenegro - Ivanisevic
12:19 PODGORICA, Sept 24 (Tanjug) - Montenegro's Finance Minister Miroslav Ivanisevic, who had attended the annual assembly of the World Bank (WB) and the International Monetary Fund (IMF) in Dubai, said on Wednesday that the IMF had approved a five-million euro loan to Montenegro for the support to its small and medium-scale companies.
Following his meeting with the WB and IMF representatives, Ivanisevic said in a live broadcast by Montenegro's state television that it was also agreed to reschedule Montenegro's debts under favorable conditions, and that the two institutions plan to send a technical mission to Montenegro this year to get an insight into the already prepared projects in Montenegro.
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