MFLT signs a sub-loan agreement in the amount of 5 million euros with Publicly Owned Enterprises
Read in: 1 min.
2 year ago
Link copied
The Minister of Finance, Labor and Transfers, Hekuran Murati and the representatives of public enterprises: Post of Kosovo, Infrakos, Trainkos, RWC Prishtina and Telecom of Kosovo, In the framework of Measure 4.6 of the Economic Revival Package for Support of Public Enterprises, have signed today sub-loan agreements with a total value of about 5 million euros. According to the MFLT, these funds are expected to assist Publicly Owned Enterprises in their recovery from the financial difficulties they have faced from declining revenues as a result of the COVID-19 pandemic. "Agreements sub-borrowed by MFLT to Publicly Owned Enterprises have the same financial terms as the Vital Infrastructure Emergency Liquidity Loan Financing Agreement, which means that favorable financial terms are transferred to Publicly Owned Enterprises," the ministry said in a statement. On this occasion, Minister Murati praised the cooperation with the EBRD for enabling this agreement that supports Publicly Owned Enterprises. He stressed that the Government remains committed to ensuring the fair and professional management of Publicly Owned Enterprises, as important providers of the country's vital infrastructure.
This web site is maintained and managed by News Agency KosovaPress. All material on this site is unique production of KosovaPress, thus KosovaPress holds all the rights provided by copyright law according to legal dispositions on copyright and intellectual property. Use, modification and distribution for commercial purposes are strictly forbidden.
This website application was developed with the support of #SustainMedia Programme, co-funded by the European Union and the German Government, implemented by GIZ, DW Akademie and Internews. Its contents are the sole responsibility of KosovaPress and do not necessarily reflect the views of the EU or the German Government.
A.P.L. KosovaPress © 2002-2024 All rights reserved