The Council of Ministers of B&H determined the proposal of the agreement on a loan between B&H and the International Bank for Reconstruction and Development which would greatly facilitate the business activities and simplify the investment procedures as well as improve the cross-border trade exchange.
The loan is worth 37.400.000 Euros with allocation of 60 % for the FB&H and 40 % for Republic of Srpska. The loan is determined at 25 years with a grace period of 10 years and favourable interests, as a support to the reform policies focused on improving the business environment in B&H.
The ministry of finances will deliver the proposal of the agreement along with the basics for its closure to the Presidency of B&H. The BH signatory should be the Minister of finances.
(Source: Klix)
