The World Bank will provide $300 million to Serbia this year to support reforms, including restructuring of state-owned companies, Tanjug news agency reported, citing Deputy Finance Minister Goran Radosavljevic.
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An initial $100 million is expected “during the summer” and the rest in November, the newswire quoted the official as saying during a visit to Washington.
An International Monetary Fund delegation will visit Serbia immediately after the country’s May 6 general elections to discuss the possible unfreezing of a $1.3 billion precautionary loan program, the newswire also reported, citing Radosavljevic. The arrangement was suspended earlier this year.
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