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Law No. 68 Of 28 June 1995

Original Language Title:  LEGE nr. 68 din 28 iunie 1995

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LEGE No 68 of 28 June 1995 for the ratification of the Loan Agreement between Romania and the International Bank for Reconstruction and Development for the Financing of the Industrial Development Project, amounting to USD 175 million, signed in Washington on March 21, 1995
ISSUER PARLIAMENT
Published in OFFICIAL MONITOR NO. 133 of 30 June 1995



The Romanian Parliament adopts this law + Article 1 The loan agreement between Romania and the International Bank for Reconstruction and Development for the financing of the Industrial Development Project, worth $175 million, signed in Washington on March 21, 1995, is ratified. + Article 2 It is authorized the Romanian Government, through the Ministry of Finance, to agree with the International Bank for Reconstruction and Development to introduce during the use of the loan, in relation to the concrete conditions for the loan, amendments to its contents, which concern reallocations of funds, changes in the structure of the loan on components, beneficiaries, changes of deadlines, as well as any other changes that are not likely to increase the volume to the loan or to determine new economic conditionings from those originally agreed between Parts. The Government will regularly report to Parliament on these amendments, in the framework of the Report on Romania's external public debt. This law was adopted by the Senate at the meeting of 8 June 1995, in compliance with the provisions of art. 74 74 para. (2) of the Romanian Constitution. p. SENATE PRESIDENT ION SOLCANU This law was adopted by the Chamber of Deputies at the meeting of June 19, 1995, in compliance with the provisions of 74 74 para. (2) of the Romanian Constitution. CHAMBER OF DEPUTIES PRESIDENT ADRIAN NASTASE AGREEMENT 21/03/1995