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

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

EIB surpasses investment milestone in the Western Balkans by investing €1.2bn in 2023

EIB Global, the financial arm of the European Investment Bank (EIB) for activities beyond the EU, set a new record by investing €1.2bn in the Western Balkans in 2023, the EIB said on February 9. ... ... more

bne IntelliNews Southeast Europe Outlook 2024

This Southeast Europe Outlook 2024 has been prepared by bne IntelliNews as part of a series of annual reviews providing updates on the geopolitical, macroeconomic and commercial state of ... more

Dismiss