WASHINGTON, July 18 (Hina) - The World Bank on Thursday approved a US$27.3 million loan to Croatia for projects in the pension system.
WASHINGTON, July 18 (Hina) - The World Bank on Thursday approved a
US$27.3 million loan to Croatia for projects in the pension system.
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The loan, which should be paid back within 15 years, has a five year
grace period and a standard IBRD interest rate. The Croatian
government will invest US$8.3 million in the same project-
The World Bank said in a statement that the project aimed at
improving the efficiency of Croatia's pension system.
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