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.

World Bank Continues to Help Improve Croatia’s Land Administration System

The Minister of Finance, H.E. Zdravko Marić and the World Bank Country Manager for Croatia, Ms. Elisabetta Capannelli, signed the Loan Agreement in the amount of EUR19.7 million (US$ 24.07 million equivalent) for the Integrated Land Administration System Project (ILAS). The loan provides additional funding to an ongoing, well-performing project led by the Ministry of Justice (MoJ) and the State Geodetic Administration (SGA).

IMF/World Bank Constituency Meeting in Split

Some hundred participants will discuss the issues of financial and development policy, as well as the challenges posed by financial technology

The highest officials of central banks and finance ministries of the fifteen countries that are members of the same Constituency as Croatia in the International Monetary Fund and the World Bank Group, headed by the Netherlands and Belgium, will meet this weekend in Split for their regular spring meeting. The meeting in Croatia will be hosted jointly by the Ministry of Finance and the Croatian National Bank, i.e. by the Finance Minister, Zdravko Marić, and CNB Governor, Boris Vujčić.