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World Bank to lend Kosovo 20 mln euro for digital governance

Sep 28, 2023, 2:29:19 PMArticle by Genta Hodo
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September 28 (SeeNews) - The government of Kosovo said on Thursday it agreed with the World Bank a 20 million euro ($21 million) loan to finance a project aiming to facilitate public service through the digitalisation of government services.

World Bank to lend Kosovo 20 mln euro for digital governance

The government could have e-signed the agreement if it was not lacking digital infrastructure, finance minister Hekuran Murati said, illustrating the benefits of the project, as seen in a video posted in social media by public broadcaster RTK.

The World Bank loan has a 30-year maturity and carries a 1.25% interest rate, with repayments commencing after a five-year grace period.

($ = 0.950 euro)

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