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Serbia to receive 800-million-dollar loan from Russia in January 2013

Serbian Minister of Economy said that during the meeting the sides would discuss the possibility of an additional 1-billion-dollar loan to Serbia

BELGRADE, December 28 (Itar-Tass) – Moscow and Belgrade will sign an agreement on granting an 800-million-dollar loan to Serbia for renovation of Serbia railways. Serbian Minister of Economy Mladjan Dinkic told journalists on Friday that the document would be signed in Moscow on January 11, 2013.

"Russian Finance Minister Anton Siluanov with whom we had a telephone conversation today invited me to visit Moscow on January 11 to sign the agreement that was earlier agreed by our governments,” Dinkic said. He added that during the meeting the sides would discuss the possibility of an additional 1-billion-dollar loan to Serbia to support the country’s budget.

"We plan to discuss the terms and conditions of granting this loan on which we are counting a lot,” Dinkic said. The minister concluded that the last working day of 2012 had brought good news to Serbia.