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The Government of the Republic of Serbia

In the service of citizens

Dragutinovic calls on MPs to support ratification of international agreements

Belgrade, 8 September 2008

Serbian Minister of Finance Diana Dragutinovic today called on MPs to vote for ratification of international agreements making it possible to implement extremely important projects.

Speaking about the importance of bills on ratification of 11 international agreements in Serbian parliament, Dragutinovic said that the total value of loans and donations in question is €286.5 million.

The Finance Minister said that Serbia needs to secure loans for the realisation of various projects, with as little financing costs as possible.

According to Dragutinovic, the projects are for improving energy efficiency, renewal of Bor, development of the ecology sector, improvement of agricultural products and the irrigation system.

She said that there are also projects for the reconstruction of road networks, repair of bridges and reconstruction of four clinical centres in Serbia.

The agreements include those for agricultural reforms for which Serbia should receive €12.5 million, €6.6 million for the regional development of Bor, €24.3 million for development of Bor, €33 million for repair of Gazela Bridge, €33 million for the reconstruction of roads and €36.8 million for transport.

Serbia should receive €13.3 million to further finance energy efficiency, €36.8 for the rehabilitation of the irrigation system, and €80 million for the reconstruction of clinical centres.