WASHINGTON, May 31 (Hina) - The World Bank on Thursday granted a US$44 million loan to Bosnia-Herzegovina which should create favourable conditions for foreign investments in Bosnia's economy.
WASHINGTON, May 31 (Hina) - The World Bank on Thursday granted a
US$44 million loan to Bosnia-Herzegovina which should create
favourable conditions for foreign investments in Bosnia's
economy.#L#
The loan will be used for the company registration national
programme and the establishment of a stimulating legal frame for
foreign investments.
The project supported by the World Bank significantly reduces
administration requests for the registration of companies.
The loan was granted under the usual IDA conditions for a period of
35 years with a ten-year grace period.
(hina) it