English

€179.7m debt becomes due in 2018

ilustracija

In accordance with the draft budget law, Montenegro will pay €709m in the next two years, due to debts to both domestic and international creditors, the Ministry of Finance told Dnevne Novine.

The 2018 draft budget law provides for settling liabilities in the total amount of €179.7 in 2018, and €529.3m in 2019.

The highest liabilities in 2018 will be to the International Bank for Reconstruction and Development amounting to €15.73.

It is followed by paying of a €12.4m debt to Credit Suisse and €8.7 debt to European Company for the Financing of Railroad Rolling Stock (EUROFIMA), the ministry said.

Send this to a friend