TIRANA, Oct.25/ATA/ The Committee on Foreign Policy, chaired by Mimi Kodheli approved at today’s meeting the draft law “On the ratification of the guarantee agreement between the Republic of Albania and the European Bank for Reconstruction and Development (EBRD) on the loan agreement between the Albania’s Electricity Power Distribution System Operator (OSHEE) and the European Bank for Reconstruction and Development on OSHEE project to respond to the COVID-19 pandemic crisis.
In attendance at the presentation of the draft law were also; Ilir Bejtja, Deputy Minister of Infrastructure and Energy, Ardian Çela, administrator of OSHEE, deputy of the Socialist Party, Alqi Bllako, as the rapporteur of the Commission.
Deputy Minister Beqja and Administrator Çela, regarding the guarantee agreement intended to be ratified through this draft law, said that, at the center of the draft law is the agreement between the Republic of Albania and the European Bank for Reconstruction and Development (EBRD), on the loan agreement between Electricity Distribution Operator and the European Bank for Reconstruction and Development (EBRD), for the OSHEE project to respond to the COVID-19 pandemic crisis.
The loan worth 70 million euros, guarantees the company the necessary liquidity and economic-financial stability, amidst the pandemic period. //a.i/
