Personal finance

The government of Serbia approved unanimously the USD 1B loan from the United Arab Emirates late on Wednesday.

Owing to the loan, Serbia will save USD 40M annually, or approximately USD 400M over the period of ten years, Finance Minister Lazar Krstic pointed out, Serbian Tanjug reports.

BELGRADE - The government of Serbia made a unanimous decision late on Wednesday to approve the USD 1 billion loan from the United Arab Emirates.

Owing to the loan, Serbia will save USD 40 million annually, or approximately USD 400 million over the period of ten years, Finance Minister Lazar Krstic pointed out.