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Kalanovic talks with IMF delegation
Belgrade,
20 May 2010
Minister for the National Investment Plan (NIP) Verica Kalanovic met with a delegation of the IMF today and talked about the possibility of introducing project finance for NIP infrastructure projects.
According to a statement by the Ministry for the National Investment Plan, Kalanovic discussed funding for NIP infrastructure projects for 2010 and the Ministry’s plans for 2011. She stressed that efficient implementation of projects is greatly hampered by their budgets which are linked to the calendar year.
Project financing will make it possible to set aside funds in advance for completing major, long term infrastructure projects and ensure their financing, said Kalanovic.
Members of the IMF delegation talked about the advantages of project finance, which is used in EU countries, concludes the statement.
Project financing will make it possible to set aside funds in advance for completing major, long term infrastructure projects and ensure their financing, said Kalanovic.
Members of the IMF delegation talked about the advantages of project finance, which is used in EU countries, concludes the statement.
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