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Serbia: World Bank Delays Loan

Published: January 24, 2014; 10:03 · (Vindobona)

The World Bank has delayed a loan in the amount of US-$ 250m for Serbia.

Serbia: World Bank Delays Loan / Picture: © World Bank

The reason why the World Bank delayed granting the loan to Serbia is because the appropriate laws were not adopted, as reported by news agency Tanjug.

As announced in previous reports, the Board of Directors of the World Bank will decide about whether or not to grant the country the loan as a support for the budget on February 27. According to Tanjug, the Serbian government could…

This article includes a total of 81 words.

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