Wednesday, November 3, 2010

Macedonia starts negotiations for the IMF loan on Thursday

Detailed negotiations regarding the IMF loan for Macedonia start on Thursday. The official IMF commission comes for a two-week mission in the country.

Both sides will discuss the budget projections for 2011, but also the medium-term plans, and after that a response will be made. By the end of the week the IMF mission will likely make a decision whether the country will use the loan of 400 million euros with an interest rate of 1.3%.


















News source: Mk Fondovi.com link: article

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