Bosnia and Herzegovina strategy

Strategy (512KB - PDF)

Comments (24KB - PDF)

Local language translation (782KB - PDF)
 

Challenges

The Bank’s focus over the next three years, both through the provision of financing and through intensive policy dialogue, will be on the following operational priorities:

Infrastructure and energy

• In the transport sector, provide support both for construction of new and rehabilitation of existing infrastructure, and facilitate a more commercial approach with greater involvement of the private sector;
  
• In the municipal and environmental infrastructure sector, focus both on sector reforms with local authorities and on institutional strengthening at the level of operating companies;
  
• In the energy sector, support the rehabilitation or replacement of existing thermal capacity to increase their efficiency and reliability and comply with EU emission standards, support further development of the transmission and distribution networks, and increase commercialisation of the energy sector to promote better functioning of the markets; and
  
• In energy efficiency, provide commercial loans to public utilities to finance energy efficiency measures and investments, and use existing facilities to deliver small energy efficiency and renewable projects, including through the Western Balkans Sustainable Energy Credit Line Facility (WeBSECLF).

Financial Sector

• Support MSMEs through local banks, leasing companies and non-bank microfinance institutions, and offer risk-sharing mechanisms; and
  
• Provide pre-privatisation investments in the banking and insurance sectors and support smaller locally-owned banks and MFIs, including with equity, in order to facilitate the entry of new strategic investors and spur further consolidation.

Industry, Commerce and Agribusiness sector

• Support strategic local and international investors, especially for large enterprises undergoing privatisation or restructuring. The Bank will actively seek projects in the agribusiness, industrial, property and tourism, wood and metals processing sectors;
  
• Support small and medium-sized local and foreign private companies through long-term debt or equity, using the EBRD-Italy Local Enterprise Facility (LEF).
  
• Ensure that the Turn-around Management and Business Advisory Services (TAM/BAS) programmes continue to provide advisory services to SMEs.

Last updated 1 November 2010