Documents & Reports

Montenegro - Mobilizing Private Financing with Policy-Based Guarantees : Case Study (English)


A Euro 80 million policy-based guarantee (PBG) from the World Bank helped Montenegro mobilize Euro 250 million from a syndicate of offshore banks. The transaction helped finance the public sector budget gap with low-cost, long-term funding. The policy...  See More +


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Complete Report in English

Official version of document (may contain signatures, etc)

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