SARAJEVO, Bosnia (November 7,2008) - The Bosnian President Haris Silajdzic and Kuwait’s Prime Minister Nasser Al-Sabah have agreed on a 30-million-Euro loan which will be given by the Kuwaiti Fund for Development, the Bosnian Deputy Finance Minister Fuad Kasumovic has announced.
The loan will bear interest rate of 1.5 per cent, and it will be used for Bosnia's highway network building.
However, it is not certain yet whether the road funded through this loan would be a section of the Sarajevo – Tuzla highway or the Vc Corridor highway.
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Friday, November 7, 2008
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