WASHINGTON, Jan 29 (Hina) - The World Bank approved a US$70 million loan to Yugoslavia for structural reforms in Serbia, the curbing of poverty, and the promotion of sustainable development, it was said in Washington on Tuesday. The
loan was granted for a 20-year period and a grace period of ten years. The funds are aimed at stepping up the control of public institutions, assisting power sector reforms, and encouraging changes in the pension and health funds and the labour market.(hina) ha
WASHINGTON, Jan 29 (Hina) - The World Bank approved a US$70 million
loan to Yugoslavia for structural reforms in Serbia, the curbing of
poverty, and the promotion of sustainable development, it was said
in Washington on Tuesday.
The loan was granted for a 20-year period and a grace period of ten
years.
The funds are aimed at stepping up the control of public
institutions, assisting power sector reforms, and encouraging
changes in the pension and health funds and the labour market.
(hina) ha