Belgrade – The Board of Directors of the Development Fund approved 265 loan requests in the total amount of 1.99 billion dinars, according to the website of that republican institution.

Out of the total number of loans, 246 are loans extended to legal entities and entrepreneurs for the solvency based on financial support in the conditions caused by the COVID-19 pandemic, amounting to the total of 1.78 billion dinars.

15 loans in the total amount of 106.5 million dinars were also approved for the solvency of economic entities dealing with tourism, catering and passenger traffic, due to the consequences of COVID-19.

The Development Fund also approved three investment loans from the Entrepreneurship Development and Encouragement Program in the total amount of 77.7 million dinars and 20 million dinar non-refundable funds, as well as one long-term investment loan of 30 million dinars.

Source: RTV, Dnevnik, biznis.rs and Coordination Body