Skip to Main Navigation

Yugoslavia - Highway Sector Project (English)

The First Highway Sector Project's main emphasis will be on upgrading sections of the Trans-Yugoslav highway (TYH) which carries heavy international traffic as well as Yugoslavia's inter-regional traffic, rehabilitating existing infrastructure, and improving maintenance. It will consolidate institution building efforts with particular reference to investment and maintenance planning, road user charges, and inter-Republican coordination. The loan will also finance the preparation of nationwide programs for road and bridge rehabilitation and maintenance, as well as staff training programs and equipment for road organizations.


  • Document Date


  • Document Type

    Memorandum & Recommendation of the President

  • Report Number


  • Volume No


  • Total Volume(s)


  • Country


  • Region

    Europe and Central Asia,

  • Disclosure Date


  • Disclosure Status


  • Doc Name

    Yugoslavia - Highway Sector Project

  • Keywords

    road user charge;Highway Investment and Maintenance Program;access to international capital markets;real effective exchange rate;water supply and sewerage;efficiency in resource allocation;oil and gas pipeline;road and rail link;cost of road investment;balance of payment crisis;early stages of implementation;negative real interest rate;efficiency of energy use;foreign exchange;road user revenue;current account surplus;expenditures on road;foreign exchange allocation;foreign exchange risk;financing plan;investment program;Financing plans;international commercial banks;efficiency of investment;allocation of revenue;total debt service;debt service payment;variable interest rate;vehicle registration fee;diversified transport system;world interest rate;procurement and disbursement;investment in road;share of debt;source of financing;price of fuel;areas of trade;foreign exchange needs;sources of fund;planning and design;road user taxation;expansion of capacity;european economic community;road maintenance activity;vehicles per day;maintenance of road;allocation of investment;nominal exchange rate;foreign exchange gains;minimum capital requirement;debt service obligation;long distance traffic;foreign exchange market;restrictions on imports;gross capital formation;decline in investment;form of saving;foreign exchange account;total vehicle fleet;cost equipment;nominal interest rate;cost of equipment;demand management policy;foreign currency deposit;debt restructuring agreement;domestic interest rate;factor productivity growth;structural adjustment program;air pollution control;foreign trade law;debt service ratio;natural resource development;convertible currency;road transport;rehabilitation program;passenger traffic;road traffic;road expenditure;civil works;international traffic;primary road;local funds;financial discipline;investment planning;road program;transport facility;administrative allocation;road infrastructure;short-term debt;transit traffic;original maturity;loan contract;primary production;regional road;inflationary pressure;oil price;highway network;highway maintenance;freight traffic;high debt;foreign credit;rail network;financial resource;foreign consultant;bridge rehabilitation;consulting service;Proposed Investment;adequate funds;Consulting services;banking system;sectoral investment;stabilization measure;monetary policy;windfall gain;nominal wage;world market;project execution;aggregate demand;multipurpose loan;real income;industrial enterprise;real wage;consumer demand;interest income;cumulative effect;price level;pull factor;labor productivity;market force;loan portfolio;upward pressure;gravel road;financial aspect;local committees;project road;engineering service;consulting engineer;transport company;financial statement;medium-term period;rehabilitation activities;international access;local bank;routine maintenance;highway administration;subsequent years;subproject preparation;maintenance equipment;planning capacity;foreign vehicle;road toll;agreed proportion;overseas training;manpower requirement;local inflation;actual inflation;Oil Pipeline;agricultural cooperative;accounting procedure;Energy Sector;agriculture sector;variable inflation;import substitution;adequate financing;highway authority;total tax;potential contribution;executive board;road work;common policies;Stabilization policies;continuous basis;vehicle regulation;external capital;convertible debt;industrial restructuring;energy conservation;technology development;export earnings;pricing policy;regional disparity;commercial market;principal source;macroeconomic objective;long-term debt;improved resource;fuel tax;external shock;domestic industry;credit policy;Credit policies;increased export;geographical feature;technological transfer;flood plain;coastal area;macroeconomic framework;debt relief;macroeconomic targets;transport network;rail lines;international flight;inland waterway;transport authority;institutional change;future bank



Official version of document (may contain signatures, etc)

  • Official PDF
  • TXT*
  • Total Downloads** :
  • Download Stats
  • *The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.


Yugoslavia - Highway Sector Project (English). Washington, D.C. : World Bank Group.