Deputy Chairman of the Council of Ministers and Minister of Finance and Treasury of B&H Nikola Špirić on behalf of the Council of Ministers signed contracts yesterday on financial cooperation with the Ambassador of the Federal Republic of Germany Ulrike Maria Knotz.
Contracts between the Council of Ministers of B&H and the Government of the Federal Republic of Germany are related to loans with the Credit Bank for Reconstruction and Development, based in Frankfurt (KFW), under favorable conditions, and the funds will be used for water projects and the energy sector in B&H.
The contract signing ceremony took place yesterday at 12.00.
(Source: Fena)