December 22 (SeeNews) - The French Development Agency, AFD, signed an agreement with North Macedonia's finance ministry to provide the country a 50 million euro ($55 million) loan in support of small and medium-sized enterprises (SMEs), North Macedonia's finance ministry said.
The funds will be used for investments in environmental and social projects, North Macedonia's finance ministry said in a press release on Thursday.
The funds will be extended through the Development Bank of North Macedonia.
($ = 0.909 euro)