SARAJEVO, Bosnia (July 11,2008) - The Bosnian Council of Ministers has supported an initiative by the Bosnian Finance Ministry, to sign a loan with the Council of Europe (CoE) Development Bank for building a new Bosnian state prison.
The six-million-euro loan will come with the following conditions: 15 – 20 year payment period, five-year grace period and a lower interest rate. The prison building is estimated to cost EUR 18,875,000.
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Friday, July 11, 2008
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