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LOANS & CREDITS

Bosnia and Herzegovina: First Programmatic Public Expenditure Development Policy Operation

April 8, 2010



IBRD Loan: US$45 million equivalent

IDA Credit: US$66 million equivalent

Project ID: P116951

Project Description: The operation has three main objectives: (i) to increase social assistance to the poor, while reducing the fiscal deficit and creating fiscal space for poverty-reducing growth; (ii) to improve the structure and efficiency of public expenditures; and (iii) to reduce social contribution rates and pressures on private sector wages from faster wage growth in the public sector, thereby enhancing private sector competitiveness.


Media Contacts
Michael Jones
Tel : (202) 473-2588
mjones2@worldbank.org

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