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LOANS & CREDITS

Bosnia and Herzegovina Public Finances Development Policy Loan

March 23, 2017

WASHINGTON, March 23, 2017 - The World Bank’s Board of Executive Directors today approved the following loan:

Bosnia and Herzegovina Public Finances Development Policy Loan

IBRD Loan: EUR 74.5 million (US$80 million equivalent)

Terms: Maturity = 32 Years, Grace = 7 Years

Project ID: P149768

Project Description:

The development objectives of the Public Finances Development Policy Loan Program for Bosnia and Herzegovina (BiH) are to support policy and institutional efforts of BiH authorities to: (i) strengthen the medium-term management of public assets and liabilities for improved transparency of public finances; and (ii) enhance regulatory frameworks to lower medium-term fiscal pressures related to public employment, insolvency, and pharmaceuticals.

For more information, please visit here:

https://projects.worldbank.org/P149768?lang=en

Media Contacts
Elena Karaban
Tel : (202) 473-9277
Ekaraban@worldbank.org

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