The World Bank
Policy approach in Bosnia and Herzegovina
The
World Bank’s mission in Bosnia
and Herzegovina (BiH) is to help develop the
economy, create jobs, and improve the lives of all citizens, particularly the
poor. The World Bank assists with finance for projects as well as with analysis
of and advice on the country’s economic and social challenges.
Since
1996, the World Bank has committed about € 0.7 billion to BiH through 54
projects. The World Bank and the EC successfully organized three donor
conferences, raising about € 3.2 billion for post-conflict reconstruction of
the country.
World
Bank assistance in BiH has involved many activities: rehabilitating basic
services (water supply, electricity, sewage, housing, roads, and bridges),
establishing an accessible health care and education system, creating jobs,
reforming the financial sector (banking and microfinance), and assisting BiH in
the process of EU integration. In per capita terms, the World Bank assistance
programme in BiH, which consisted of International Development Association
(IDA) loans and grants, has been the largest initiative enacted in
post-conflict areas.
Allocation and activities in 2007
he
current portfolio consists of 14 approved loans and one Global Environment
Facility (GEF) grant (Water Quality Protection valued at € 7.1 million). Total
commitments under these operations amount to € 238 million. About 36% of the committed amount has been disbursed.
The
World Bank’s total allocation in 2007 was approximately € 36 million, € 32.5
million of which was in the form of loans. The two most prominent sectors in
the World Bank’s funding allocation were the Infrastructure (€ 8.3 million) and
the Good Governance and Institution
Building (€ 11 million)
sectors, followed by Economic Development and Social Protection. Local
Governance, Environmental Protection and Agriculture and Forestry activities
have also received significant support.
The World Bank’s current portfolio allocation
World Bank sector composition in 2007
Contact information
The World Bank
Address: Fra Andjela
Žvizdovićca 1, B17, 71000 Sarajevo,
BiH
Phone: +387 33.251.500
Fax: +387 33.440.108
Email: mail_to_bosnia@worldbank.org
Web address: www.worldbank.ba
