Commenting on the government's giving its consent to Croatian Motorways (HAC) company to seek a EUR 100 million loan from Hypo Alpe-Adria Bank, Suker said that the assessment presented earlier this week by the International Monetary Fund mission must have contributed to loan conditions, adding that the 6.99 percent interest rate on the loan was very favourable considering the current situation.
"The IMF's assessment of our policy and budget revision was very positive," said Prime Minister Ivo Sanader, adding that the IMF mission had visited Croatia as part of regular annual consultations.
The PM said he could not rule out the possibility of having to do another budget revision by the end of the year.
Transport Minister Bozidar Kalmeta said that HAC would use the EUR 100 million loan to ensure liquidity and meet its obligations, primarily to construction companies.
(Hina)