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
S&P upgrades ratings of Freedom subsidiaries to ‘BB-’
S&P Global Ratings has upgraded the credit ratings of several subsidiaries of Nasdaq-listed Freedom Holding, raising ratings on Freedom Finance, Freedom Finance Europe, Freedom Finance Global and ... more
Kazakhstan’s Freedom fintech sets out to emulate and exceed Revolut in Europe
Freedom Holding Corp (Nasdaq: FRHC) is positioning itself to expand deeper into Europe’s financial services market with plans to launch a digital bank in France, backed by a €500mn ($572mn) ... more
Fintech Freedom Holding aims to make France key entry point into EU with €500mn investment
A French banking licence would open the way to a new phase in the international expansion of Nasdaq-listed fintech group Freedom Holding Corp. That’s the expectation of Freedom, a company ... more