A A
RSS

After billions in aid, Kosovo still poor and idle

November 19th, 2009 by Reuters via Yahoo News Filed under Featured, Feeds, Free Republic, Politics.[1 views]
...For decades the poorest part of socialist Yugoslavia, Kosovo is weighed down by the destruction of the 1998-99 war and a legacy of waste and corruption, illustrating the limitations of international help. Over the past decade it has received 3 billion euros in aid, according to the World Bank, and is expecting another billion by 2011. Yet officials in Pristina say they may need more. The government has talked with the International Monetary Fund about a loan of $200 to $300 million (120 to 180 million pounds) and hopes to conclude a deal this month, according to the central bank...

Original Article: Forum: News/Activism

Tags: , , , , , , , , , , ,

Leave a Reply

You must be logged in to post a comment.