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Serbia to Draw $200 Million From World Bank Loan

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Serbia will draw $200 million from a World Bank loan that will support its budget, including costs for health care, energy efficiency and infrastructure, Tanjug news agency reported, citing Deputy Premier Bozidar Djelic.

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The clearance to draw the tranche came from the World Bank and from the International Monetary Fund, which is expected to approve a separate, 18-month precautionary loan arrangement with the country later this week, Tanjug quoted Djelic as saying.

Source bloomberg.com

 

 

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