English

Govt paying the January installment, payment of guarantees temporarily postponed

Milojko Spajić

After negotiations with the Chinese Exim Bank, the government temporarily postponed the payment of 60 million dollars for the loans of Barska and Crnogorska plovidba companies.

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“Out of the total of €58 million of the outstanding debt, at this moment we will settle the January installment of 3.9 million dollars. We are continuously looking for further sustainable solutions, while every current relief means a lot, having in mind the complexity of the economic situation,” Finance Minister, Mr Milojko Spajić posted on Twitter.

https://twitter.com/MickeySpajic/status/1352425635285757952?s=20

Recall that an installment of €4.65 million became due yesterday, which neither Barska nor Crnogorska plovidba were able to settle.

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