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Financial support of Russian Federation to Serbian budget
Belgrade,
10 July 2013
The Ministry of Finance and Economy announced that the Russian government yesterday paid $300 million of financial support to the budget of the Republic of Serbia.
The government of Serbia in April this year signed a loan agreement with the Russian Federation in the amount of $500 million for budget support.
The loan was granted for a period of ten years with a grace period of two years and a fixed interest rate of 3.5% per year, the statement said.
The loan was granted for a period of ten years with a grace period of two years and a fixed interest rate of 3.5% per year, the statement said.
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