EBRD adopts new country strategy for Slovenia

By Axel  Reiserer

Bank to focus its engagement on equity financing, capital market development and green economy

  • EBRD Board of Directors adopts new country strategy for Slovenia
  • Document sets out priorities for the period 2019-2024
  • Bank to focus on maximising impact where market instruments are scarce

The EBRD Board of Directors has adopted a new country strategy for Slovenia that sets out the framework for the Bank’s work in the country for the period 2019-2024.

Developed with input by the Slovenian authorities and after a consultation period for public comments, the documents identifies as the Bank’s priority to focus on areas and products where market instruments are scarce. Examples include equity financing, structured debt, capital market instruments, cross-border investments and green economy technologies.

With this in mind, the EBRD is set to pursue the following strategic priorities in Slovenia in 2019-2024:

  • Boost competitiveness and good governance by championing privatisations, while deploying cutting-edge instruments to support private companies; and
  • Support the transition to a green economy by promoting new green technologies.

Slovenia is one of the most advanced countries within the EBRD regions. The country is highly competitive and has many vibrant small businesses, but there remains room for improvement in innovation, governance and energy intensity.

While the economy has registered steady growth in recent years, the medium-term outlook will depend on the continuation of structural reforms. Reviving private sector productivity growth is key to the further convergence of the Slovenian economy.

The EBRD country strategy for Slovenia is also aligned with the government’s Slovenia Development Strategy 2030 especially in the areas of privatisation, corporate governance, capital market development, green economy, innovation and entrepreneurship.

The EBRD signed its first project in Slovenia in 1993 has invested more than €1 billion in 85 projects in the country to date. The Bank’s activities cover all areas of the economy but are especially strong in the corporate and financial institutions sectors.