Post Tagged with: "#loan"

New Heating Plant in Zenica worth 53 Million Euros to start working Next Year

March 16, 2019 4:00 PM
New Heating Plant in Zenica worth 53 Million Euros to start working Next Year

General Manager of Toplane Zenica Company Nikhil Mehta and Regional Director of the European Bank for Reconstruction and Development EBRD for the Western Balkans Zsuzsanna Hargitai signed a loan contract on Friday in ArcelorMittal Zenica’s headquarters for the realization of the project for the construction of Toplane Zenica, Biznis Info […]

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The Council of Europe Development Bank has approved a €11 million Loan to the Government of BiH

March 15, 2019 6:00 PM
The Council of Europe Development Bank has approved a €11 million Loan to the Government of BiH

During the last few years, Bosnia and Herzegovina has invested significant funds in the health sector, focusing on the upgrading of medical facilities and treatment equipment in the primary care segment. The €11 million loan will be used for investments in psychiatric care. More specifically, it will finance the construction and […]

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BiH indebts for additional 66 Million BAM, but already has 620 million BAM collected for Roads!

February 19, 2019 12:00 PM
BiH indebts for additional 66 Million BAM, but already has 620 million BAM collected for Roads!

Deputy Chairman of the Council of Ministers of BiH and Minister of Finance and Treasury Vjekoslav Bevanda will sign a loan agreement with the representative of the Kuwait Development Fund Marwan Al-Ghanem, and the Director of the “Highway of the Federation of BiH” Adnan Terzic on a project contract for […]

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Alarming: Over 250,000 Working-age Residents left BiH in 10 Years!

January 30, 2019 6:00 PM
Alarming: Over 250,000 Working-age Residents left BiH in 10 Years!

The massive departure of BiH citizens, mainly to countries of the European Union, which has intensified over the last few years, will in the long run reflect the economic potential of the country. In ten years, BiH has lost 250,000 working-age residents. The Labor Force Survey, conducted by the BiH […]

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Citizens of BiH spent 3 Million BAM on Luxurious Cars in only Three Months!

December 18, 2018 4:00 PM
Citizens of BiH spent 3 Million BAM on Luxurious Cars in only Three Months!

Statistic data shows that caviar, whiskey, exotic nuts, as well as luxury cars worth several tens of millions of BAM are imported in BiH on an annual level. On the other side, around half a million unemployed citizens live on the very edge of existence. Experts noted that the gap […]

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Representative of IMF in BiH comments on Next Loan Tranche

November 26, 2018 4:00 PM
Representative of IMF in BiH comments on Next Loan Tranche

The Resident Representative of the International Monetary Fund (IMF) in Bosnia and Herzegovina Francisco Parodi said that the financial arrangement of IMF and BiH is in the intermission until the formation of new government. “In the upcoming months, we do not expect neither to conclude the review, nor to allocate […]

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The IMF cuts BiH 2018 Economic Growth Forecast

October 11, 2018 11:00 AM
The IMF cuts BiH 2018 Economic Growth Forecast

The International Monetary Fund (IMF) has cut Bosnia and Herzegovina’s (BiH) 2018 economic growth forecast to 3.2 percent from previous 3.5 percent. In the report issued after the first review of the agreement with BiH, IMF says that the economic growth forecasts are down, warning that BiH is on the […]

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Loan of 47.6 million EUR approved for the Construction of Corridor 5C

August 30, 2018 12:00 PM
Loan of 47.6 million EUR approved for the Construction of Corridor 5C

An agreement on financing the construction of a sub-section from Nemila to Donja Gracanica on Corridor 5C was signed between the Deputy Chairman of the Council of Ministers of BiH and Minister of Finance and Treasury of BiH Vjekoslav Bevanda and General Manager of the OPEC Fund for International Development […]

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Two and a half Billion BAM available for Highways

July 30, 2018 1:00 PM
Two and a half Billion BAM available for Highways

London Summit brought new approved projects to BiH. Thus, sections Tarcin – Konjic and Buna – Pocitelj should be constructed on Corridor 5C. Last year, the summit in Trieste, with a delay of several months due to political issues regarding the Transport Community, brought four new projects as well. “Therefore, […]

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Negotiations for 180 million EUR worth Loan to start soon?

July 19, 2018 9:00 AM
Negotiations for 180 million EUR worth Loan to start soon?

The Council of Ministers of BiH accepted the initiative of the Ministry of Finance and Treasury and appointed a delegation for negotiations with the aim of conclusion of the Loan Agreement for the project Corridor 5C between BiH and the European Bank for Reconstruction and Development, whose value is estimated […]

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