|Number of Active Projects||14, plus 2 regional projects|
|IBRD Lending||$1.01 billion*|
|EU TF||$18 million|
*Number of projects and amount include Serbia-specific commitments from two regional projects
The World Bank Group’s program is defined by a joint strategy for Serbia, the Country Partnership Framework (CPF) FY2022-2026, which was delivered in May 2022. The CPF defines the World Bank’s engagement in the country focusing on growth that is greener and more resilient as well as strengthened and more inclusive service delivery. Key areas of World Bank Group support in Serbia include the macro-fiscal framework and structural reforms for greener growth, greener investments and (just) transition to a low-carbon and resilient economy, the business environment and regional integration, public financial management at central and local levels, and access to quality health and education services for the disadvantaged.
The active portfolio reflects these priorities through 14 projects in the areas of transport (railways and local roads), real estate management/business environment, competitive agriculture, health and capital market development, public sector efficiency and modernization (including the digitalization of selected public services and the modernization of tax administration), green recovery, energy efficiency and early childhood education, as well as two regional projects aimed at facilitating trade and transport in the Western Balkans and connectivity along the Drina and Sava river corridors.
The World Bank Group’s current program includes support to capital markets development, the green transition to a low-carbon economy, the improvement of public services delivery, and the promotion of economic initiative, entrepreneurship, innovation, and the digital economy. In support of these reforms, World Bank Group lending activities include the Green Transition Programmatic Development Policy Loan series, aimed at accelerating reforms that would help secure a stable macro-fiscal framework for a green recovery, accelerate the clean energy transition, and implementation of climate commitments. In parallel, a Program for Results lending instrument focused at improving public financial management for service delivery and the green transition provides operational support to the implementation of these agendas. These lending operations leveraged substantial resources from other development partners. In addition, the World Bank is supporting improvements in the health system and addressing noncommunicable diseases in Serbia.
Last Updated: Oct 10, 2023