Minister of Finance, Mr Darko Radunović, signed today loan agreement for the Program for energy efficiency in public institutions with the representatives of KfW bank. The agreement is worth €45 million. Minister of Economy, Ms Dragica Sekulić, signed Agreement on Grant for the same program.
“We had the pleasure to sign Loan agreement and Agreement on grant for the third phase of the Project of the energy efficiency in public institutions. Conditions are very favorable: 15 years of repayment period, five years grace period and fixed interest rate of 1,06% .We are very grateful for the donation worth almost €5 million, provided by KfW through Western Balkan Investment Framework”, said Minister of Economy.
She pointed out that this was the third phase.
“I express my gratitude to ministers who signed the agreement today. This is a great opportunity for us, since we have a huge portfolio in the area of energy efficiency. We will remain your reliable partner. Thank you so much and I wish you success”, said KfW director, Mr Pablo Obrador.
