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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.

Details

  • Document Date

    1986/05/31

  • Document Type

    Memorandum & Recommendation of the President

  • Report Number

    P4321

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    Europe and Central Asia,

  • Disclosure Date

    2010/06/24

  • Disclosure Status

    Disclosed

  • 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

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Citation

Yugoslavia - Highway Sector Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/286661468325783200/Yugoslavia-Highway-Sector-Project