WASHINGTON, April 23 (Hina) - Croatian Finance Minister Bozo Prka and the Vice-President of the World Bank, Johanness Linn, on Tuesday signed agreements on three loans granted by the World Bank to Croatia.
WASHINGTON, April 23 (Hina) - Croatian Finance Minister Bozo Prka
and the Vice-President of the World Bank, Johanness Linn, on
Tuesday signed agreements on three loans granted by the World Bank
to Croatia. #L#
The loan of $17 million is to be used for the development of
private farming in Croatia, $9.5 million for the development of the
capital market and $5 million for the development of
entrepreneurship and the reform of the financial sector.
All three loans have been granted for a 17 years period with a
grace period of five years.
So far, the World Bank has granted loans to Croatia amounting
up to $285 million.
(hina) lm mm
231947 MET apr 96