The second general loan to Yugoslavia (third overall) supports twenty-seven projects spread across seven economic sectors.
The second general loan to Yugoslavia will assist twenty-seven different projects spread across seven sectors of the Yugoslav economy: electric power generation and distribution; coal mining; extraction and processing of nonferrous metals; iron and steel production; manufacturing industries; forestry; and transportation. All are expected to bring early improvements to the Yugoslav balance of payments. As with the earlier loan, it will be disbursed and repayable entirely in European currencies.
The profile contains project and financial information and lists of project documents and archival records.
Mr. Armstrong relays his plans to visit Yugoslavia to study the proposed usage of some of the reserve funds from loan 73 and to inspect several projects (1618985).
The World Bank agrees to help the Videm-Krsko Newsprint Plant arrange a visit by plant engineers to modern newsprint mills in Canada (1618985).
The World Bank announces a loan to Yugoslavia to finance the completion of key projects in seven major sectors of the Yugoslav economy (1618985).
The Banovici Brown coal mine at Banovici, Bosnia-Herzegovina in Yugoslavia (1729728; Credit: The World Bank).
Halil Sehic, foreman of a coke battery at the steel works (1729728; Credit: The World Bank).
The report examines the loans' disbursement, end use, and service as well as the Bank's relations with Yugoslavia.
The report appraises the proposed project, looks at the Yugoslavian power industry, and provides justification for the project.
On pages 18-19 and 29 of the transcript, Black discusses the Bank's loans to Yugoslavia.
On page 7 of the transcript, Cope recounts that the loans to Yugoslavia were not paid in US dollars.
On pages 29-30 of the transcript, Ripman briefly discusses the loans to Yugoslavia.
On pages 41-69 of the transcript, Rosen provides the history of the Bank's loans to Yugoslavia.