MOSTAR, June 10 (FENA) - The FBiH Government has supported the initiative to secure funds from the International Bank for Reconstruction and Development (IBRD) - the World Bank, to provide funds for the implementation of the Employment Support Project in BiH-II - additional funding of up to 50 million euros, half of which would be allocated to the Federation of BiH.
The Information on this loan was also accepted as a basis for conducting negotiations, and the FBiH ministries of finance and labor and social policy were instructed to appoint authorized representatives to the negotiating team.
The final decision on borrowing will be made after the end of negotiations with the IBRD and the determination of the final terms of borrowing, stated the FBiH Government.
(FENA) S. R.