Monday, 19 April 2021
Croatia provides 480 million in development aid with Bosnia and Herzegovina receiving the majority Image by Jure Orlić from Pixabay

Croatia provides 480 million in development aid with Bosnia and Herzegovina receiving the majority

By  The Dubrovnik Times Mar 05, 2021

In 2019, Croatia provided 480.85 million Kuna in development aid, six percent more than the year before, and Bosnia and Herzegovina was the country that received the most funds bilaterally.

On Thursday, the State Secretary for Foreign Trade and Development Cooperation, Zdenko Lucić, presented a report on Croatia's development aid for 2019 to parliament, the Ministry of Foreign and European Affairs announced.

Croatia's official development assistance in that year amounted to 480.84 million Kuna, or 6 percent more compared to the year before and 0.13 percent of total GDP.

The largest part of the funds related to the contribution to the General Budget of the European Union in the part that is recognized as development aid, as well as the mandatory contribution to the European Development Fund, which in 2019 amounted to 73.5 million Kuna, the statement said.

130.81 million Kuna, or 27.27 percent of the total amount, was allocated for bilateral development assistance programs and projects, and a total of 449 projects were implemented.

In neighbouring Bosnia and Herzegovina, 199 projects have been implemented, making the country number one in Croatia's bilateral development assistance, and the country received a total of 89.06 million Kuna.

Apart from Bosnia and Herzegovina, Ukraine in the east and Jordan in the southern have been singled out as priority geographical areas. Croatia has funded the European Investment Bank's Economic Resilience Initiative targeting countries on the migrant route, as well as the EU's refugee mechanism in Turkey. In 2019, Croatia also helped Yemen, Iran, Mozambique and Albania affected by the earthquake, the statement added.

 

The Voice of Dubrovnik

THE VOICE OF DUBROVNIK


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