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World Bank Group’s board backs Serbia with $2.2bn
Belgrade,
25 June 2015
Minister of Economy Zeljko Sertic said that the World Bank Group’s Board of Executive Directors endorsed the fiscal year 2016-2020 Country Partnership Framework (CPF) for Serbia, which proposes financing of up to USD 2.2 billion in the five-year period.
Author:
rts.rs
Sertic told Radio Television Serbia (RTS) that this decision was made on the eve of today's decision of the International Monetary Fund (IMF) on the first revision of the three-year arrangement with our country.
There is no reason for the IMF not to approve the first revision of the arrangement with Serbia, due to the fact that each of the commitments to the IMF have been implemented or at least a serious step forward was made, the Minister explained.
There is no reason for the IMF not to approve the first revision of the arrangement with Serbia, due to the fact that each of the commitments to the IMF have been implemented or at least a serious step forward was made, the Minister explained.
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