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

Tashkent Stock Exchange reports decline in 1Q24 trading volume

Tashkent Stock Exchange (TSE) has released its results for 1Q24, revealing a significant decrease in trading volume y/y. The results report, compiled by the TSE and Avesta Investment Group, ... more

EIF signs guarantee agreements with 11 banks in Western Balkans, unlocking €750mn for small businesses

The European Investment Fund (EIF), part of the EIB Group, said on April 15 that it has signed guarantee agreements with 11 banks and financial intermediaries in the Western Balkans. These ... more

UniCredit sees modest growth and fiscal overshoot for Hungary in 2024

Hungary’s economic rebound will be modest this year, around 2%, and the return to potential growth is set to be postponed to 2025 with GDP expanding around 3.2%, according to UniCredit bank's ... more

Dismiss