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English19/03/2020

FUND TO ASSIST ECONOMY WILL BE FORMED

 

BANJALUKA, MARCH 19 /SRNA/ - Republika Srpska President Željka Cvijanović says that the economy globally will suffer major damage due to coronavirus and announced that Srpska is going to undertake a set of measures, including the formation of a fund to assist the Srpska economy.

 

"This entails the mobilisation of certain funds raised from local sources and international financial organisations," Cvijanović said at a press conference in Banjaluka after meeting with Srpska Prime Minister Radovan Višković, Serb member of the BiH Presidency Milorad Dodik and Council of Ministers Chairman Zoran Tegeltija.

Cvijanović tells citizens and business entities that the institutions will be standing by their side, and that they should be aware of the fact that many have already suffered damages.

"There will be a loan payment moratorium, both for citizens and business entities," Cvijanović said.

She pointed out that the competent institutions, especially the health ones, reacted in a timely manner in this new situation. /end/vos