WASHINGTON, July 18 (Hina) - The World Bank on Thursday granted a US$11.5 million to Yugoslavia earmarked for the establishment of an agency for export financing.
WASHINGTON, July 18 (Hina) - The World Bank on Thursday granted a
US$11.5 million to Yugoslavia earmarked for the establishment of an
agency for export financing. #L#
The agency should encourage economic development in Serbia and
Montenegro.
The loan is granted from the funds of the International Development
Agency, namely without interests, for 20 years with a ten year grace
period.
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