Serbian Finance Minister: Moratorium on loan repayment

NEWS 17.03.2020 13:20
Source: N1/arhiva

Serbian Finance Minister Sinisa Mali on Tuesday declared a 90 day moratorium on loan repayments.

“The National Bank of Serbia (NBS) will introduce measures covering a moratorium on loan repayments for a period of 90 days as the second set of measures that we will introduce after lowering the key policy rate and earmarking additional money for public investments and single aid payments for pensioners,” the minister told the pro-government TV Pink commenting government measures during the state of emergency imposed because of the coronavirus pandemic.  

A Finance Ministry press release quoted him as saying that the government is preparing measures for the coming period.