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Macedonia, from EBRD 72 mln for small-medium enterprises

Part of program designed to support Western Balkan countries

24 April, 18:11
(ANSA) - SKOPJE - Additional Eur 72 mllion of affordable loans for small and medium-sized enterprises are set to be secured through the European Bank for Reconstruction and Development (EBRD), it was announced by Minister of Finance Kiril Minoski, who takes part in the Spring Meetings of the International Monetary Fund (IMF), and the World Bank in Washington. The funds are part of an EBRD program designed to support Western Balkan countries. Macedonia has the right to use 20% of the fund, whose total amount is Eur 360 million. According to Mia press agency, affordable loans for small and medium-sized enterprises in Macedonia were offered also through an EIB line of credit estimated at EUR 350 million. (ANSA).

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