ibrd

Romania will contract a loan of EUR60 million from the International Bank for Reconstruction and Development (IBRD) to finance a project aimed at enhancing legal services, according to a bill ratifying the agreement, which was adopted by the government on Wednesday.

The Romanian Government and the International Bank for Reconstruction and Development (IBRD) decided to cancel the $35 million installment from a $180 million loan approved in 2006 for infrastructure and transports, and to widen the lending interval for the third time, until the end of this year.