Funding insurance agreement approved of 90.3m euros

Funding insurance agreement approved of 90.3m euros

Kosovo's Assembly has approved 103 votes for, no counter and 5 abstentions the Financial Agreement for the first Program for “Funding Development Policy for Fiscal Efficiency, Competition and Green Growth”, between the Republic of Kosovo and the World Bank. According to the Ministry of Finance, Labour and Transfers, Iron Murati, the agreement provides for funding [...]

According to the Ministry of Finance, Labour and Transfers, Iron Murati, the agreement envisions securing financing worth 90.3m euros after meeting a package of reforms and laws on the part of Kosovo, while financing is envisioned at 0 per cent interest rate and at the start of return after six years, reports Online Economy, broadcasts Periscope.

The “has been a package of reforms and laws that have to be adopted so that Kosovo can be given as a reward at the end, or financing worth 90.3m euros will be allowed. The state of Kosovo has fulfilled all obligations in relation to the World Bank and now these tools are available, but it remains necessary so that this becomes effective, to be ratified in the Assembly of the Republic of Kosovo”, he said. /Periscope

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