Russia agrees to grant Serbia $500mln loan April 10, 2013 - 14:05 AMT PanARMENIAN.Net - Russia has agreed to grant Serbia a $500 million loan, Serbian Prime Minister Ivica Dacic said on Wednesday, April 10 with a first tranche of $300 million to be handed over immediately, RIA Novosti reported. “An agreement will be signed on the provision of a half a billion dollar loan by Russia for the Serbian budget,” Dacic said at a meeting with Russian Prime Minister Dmitry Medvedev. Dacic is in Moscow to discuss bilateral trade and economic cooperation. In September 2012 Serbia asked Russia for a government loan to finance the budget deficit. Serbia originally requested a $1 billion loan but in March 2013 Serbian Finance and Economy Minister Mladjan Dinkic said the countries were negotiating a $500 million loan. Dacic said the Serbian people were grateful to Russia for the support it was providing. Russian Finance Minister Anton Siluanov said Serbia would get a first $300 million tranche immediately. “We’ll now sign [the documents] and they will immediately get...the first tranche of $300 million.”   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva-MTS: Tech solutions to modernize infrastructure of border village  The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015.Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents.“By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents.The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. |
