Gov’t to receive 14 mln euro German loan for “Waste management program”
The Albanian Government will receive a loan from the German government at the value of over 14 million euro for waste management in the country.
The government in Tirana is expected to get a loan on favorable terms for the project “Waste management program”, allocated in the context of public development cooperation.
The amount goes to 12 million euro, and relevant examination has shown that the project is worth to be supported within the context of development policies.
For the necessary accompanying measures for the implementation and supervision of “Waste management program”, the government will get a financing loan up to 2 million euro and an amount for the necessary accompanying measures for the implementation and supervision of the project, up to the value of 500 thousand euro.
The Council of Ministers of the Republic of Albania will guarantee the German state for all euro payments by borrowers for repayment of debt under the contracts that will be signed.
The Albanian state, meanwhile, exempts the lender from all taxes and other public fees.
SCAN
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