IMF Staff Concludes Visit to Croatia

An International Monetary Fund (IMF) team was in Zagreb from April 23-30, 2019, on a regular staff visit, to discuss recent macroeconomic and policy developments.

At the end of the visit, the IMF mission headed by Mr. Srikant Seshadri, issued the following statement:

Investing in People Focus of Continued Croatia World Bank Group Partnership

Croatia's potential to increase economic growth and improve living standards for all its citizens was highlighted today at an event marking the twenty-five year anniversary of the partnership between the World Bank Group and the Republic of Croatia. Prime Minister Andrej Plenković, Minister of Finance Zdravko Marić, and Cyril Muller, World Bank Vice President for Europe and Central Asia, highlighted the transformational impact of the partnership on Croatia's development

Croatia: EIB commits EUR 300 million to cohesion projects

Croatia will receive EUR 300 million from the European Investment Bank (EIB) in the second, and final, portion of a EUR 600 million loan designed to speed up the implementation and ensure the success of Cohesion Policy projects in the country.  Croatia will use the EIB loan as its national contributions in EU-funded projects. The financing can also be used to pre-finance projects. The loan will increase the number of EU-funded projects implemented throughout the country to improve economic and social cohesion and promote the sustainable development of Croatia.