Republika Srpska Entity indebts for additional 150 Million BAM

July 17, 2019 11:00 AM

The Republika Srpska (RS) National Assembly endorsed the 150-million-euro debit of this BiH entity for the construction of a ring road at Doboj, on Corridor Vc, and gave approval for entity guarantees that could amount to up to 800 million BAM.

After a day-long debate it was agreed that RS will support for infrastructure projects to be funded from its own resources, the majority of the Assembly supported the decision on RS’s debt towards the European Bank for Reconstruction and Development for financing the Koridor Vc project, in the amount of 150 million euros.

The aim of the project is to provide additional funds for the construction of the Coridor Vc highway section, around six kilometers long.

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