Bosnia and Herzegovina is an upper middle-income country which has accomplished a great deal since the mid-1990s. Today, it is an EU potential candidate country and is now embarking on a new growth model amid a period of slow growth and the global financial crisis.
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Since 1996, the World Bank has financed 68 projects in Bosnia and Herzegovina, for a total value of about $1.7 billion, including budget support. Currently, 11 investment projects, worth $420.4 million, are under implementation.