Bosnia to take out $75mn loan to develop the health system

By bne IntelliNews July 23, 2021

The Bosnian Council of Ministers appointed a delegation for loan negotiations between Bosnia & Herzegovina and the International Bank for Reconstruction and Development at its session on July 22,  for a project to improve health systems worth $75mn.

The aim of the project is to improve the quality of health services, as well as the financial condition of health systems in Bosnia, with more efficient management, as a key common theme. The funds will, among other things, be aimed at improving the efficiency and quality of health care for the benefit of Bosnian citizens, the Sarajevo Times reported.

The loan will be on favourable terms with a repayment period of up to 35 years, with an allocation for the Republika Srpska and the Bosnian Federation, and the exact amounts will be agreed during the negotiations. 

Related Articles

Saudi private sector secures 82% of development fund contracts worth $3bn

Saudi private companies have captured 82% of contracts signed by the Saudi Development Fund over the past three years, with a total value exceeding $3bn, according to Abdulmohsen Al-Khayyal, ... more

Construction work on $4.6bn Trans-Afghan Railway could reportedly be under way within six months

Construction work on the proposed Trans-Afghan Railway could be under way within six months, while the project could cost around $4.6bn to deliver and cut shipping transit times from Uzbekistan to ... more

Uzbekistan’s banking sector becoming more resilient, says Fitch

Uzbekistan’s banking industry is becoming more resilient, with the sector underpinned by ongoing structural reforms, stronger regulation and improving governance, ... more

Dismiss