The Council of Ministers of BiH accepted a Loan of 56 million USD

The Council of Ministers of BiH accepted the initiative of the Ministry of Finance and Treasury and appointed delegation for negotiations for conclusion of 56,010,000.00 USD worth Loan Agreement for the Project of Employment Support between BiH and the International Bank for Reconstruction and Development.

From these funds, the FBiH will receive 32,250,000.00 USD, while the RS will receive 23,760,000.00 USD.

This project will ensure support for the provision of mediation services for around 30,000 vulnerable unemployed people, especially young people and vulnerable groups.

The Ministry of Finance, after the completion of the negotiations, will submit draft agreement with the basics for its conclusion to the Council of Ministers of BiH.

(Source: klix.ba)