The Council of Ministers has accepted the initiative of the Ministry of Finance and Treasury and appointed a delegation for the negotiations in order to conclude the Credit agreement on “Plava Voda Regional Water Supply Project” between B&H and the European Bank for Reconstruction and Development (EBRD), which is worth 11 million EUR.
The project will ensure long-term, continued and high-quality water supply for following five municipalities: Travnik, Zenica, Novi Travnik, Vitez and Busovača. About 250,000 residents of these municipalities will benefit from this project as well as businessmen from this part of B&H.
The European Bank for Reconstruction and Development is giving a loan to B&H in the amount of 11 million EUR, with a repayment period of 15 years, which is including 3 years of grace period and a favorable Euribor interest with allocation to FB&H.
The Ministry of Finance and Treasury, after completing negotiations, will submit the draft of the agreement with the basis for its final conclusion to the Council of Ministers.
(Source: akta.ba)
