May 27 (SeeNews) - Bosnia's Council of Ministers approved a 67.3 million euro ($72.1 million) loan from the International Bank for Reconstruction and Development (IBRD) towards improving healthcare in the country, it said.
A total of 48.1 million euro of the funding will be provided to the Serb Republic and 19.2 million euro will go to the Bosnian Federation, the Council of Ministers said in a notice on Thursday.
The loan will aim at improving the financial condition of healthcare systems and quality of health services in Bosnia, the Council of Ministers said.
The repayment period of the loan will be 32 years, including a seven-year grace period, the Council of Ministers noted.
($ = 0.9336 euro)