By signing two memorandums between BiH and the Saudi Fund for Development will be provided funds for equipping the Research Institute “King Salman bin Abdulaziz” at the University of Sarajevo School of Science and Technology (SSST) and the reconstruction of 55 houses in Srebrenica.
As announced from the Ministry of Finance and Treasury, Minister Vjekoslav Bevanda and general manager and vice president of the Saudi Fund for Development, Yousef bin Ibrahim Al-Bassam, will sign memorandums today in Sarajevo.
The first Memorandum of Understanding will provide a grant of 10 million USD for the research institute, while the other will secure the amount of one million EUR for the reconstruction of 55 houses in Srebrenica and the purchase of agricultural equipment.
(Source: faktor.ba)