6 hours agoThe government enters loans to pandemic: A 46m-euro agreement signed with World Bank
Periskopi(6 years ago)
(6 years ago)Finance Minister Hykmete Bajrami has signed today the Credit Agreement with the World Bank through the International Development Association, worth 46m euros for “COVID-19 Emergency Project for Kosovo”, Express reports. Through a communiqué to the media, the MF) has suggested that financial means will be destined for prevention, detection and response to the threat [...]
Through a communiqué to the media, the MF) has suggested that financial means will be destined for prevention, detection and response to threats posed by COVID-19, enabling, among other things, the procurement of medical equipment, as well as strengthening of the public health system by increasing testing capacities and expanding the capacities of the Infectious Disease Clinic.
Under this loan, social aid and household schemes will be supported, according to the past Pacos and the Government of the Republic of Kosovo's Programme for Economic Recovery.
The International Development Association, as part of the World Bank, is the creditive institution, which, through lending under more favourable conditions than financial market, aims to help reduce poverty and improve living conditions. /Express
