The funds will partially cover the state budget’s contribution to Competitiveness Operational Programme, Human Capital Operational Programme and certain parts of Large Infrastructure Operational Programme.
Thus, the loan will be granted for a period of maximum 15 years, with a grace period of up to 5 years and low financing costs.
According to the public debt management strategy for 2015-2017, the Finance Ministry plans to continue the partnership with international financial institutions in order to benefit from their favorable terms and conditions.