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A:
Protocol on development cooperation between Serbia, Germany signed
Belgrade,
20 November 2014
Director of the Directorate for Public Debt Branko Drcelic said that the signed protocol on development cooperation between Serbia and Germany is worth a total of €157 million for development projects in Serbia.
Development loans provided under favorable terms amount to €138.5 million, including the €70 million to be guaranteed by the Serbian government, while the remaining €18.5 million are grants.
The aid will be used to fund projects in the fields of water supply, waste water treatment, energy and sustainable economic growth.
The aid will be used to fund projects in the fields of water supply, waste water treatment, energy and sustainable economic growth.
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