Saudi Arabia extends USD 18mn for refugee housing project in Bosnia.

By bne IntelliNews July 13, 2011
The steering board of the Saudi Development Fund approved a USD 18mn loan for restoration of refugee housing and sustainable return in Bosnia, FENA news agency reported, quoting the Saudi Arabia ambassador in the country, Mohammed Al-Thakafi. The loan has a 25-year repayment term with a five-year grace period. The interest rate stands at 1%.

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