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World Bank reconstruction and development program in Bosnia and Herzegovina - progress update (Inglês)

The Bank started operations in Bosnia and Herzegovina in 1996, following the devastation after four years of war. Rebuilding the country's infrastructure, and building new democratic institutions, and processes, is gradually producing favorable conditions to private investment, imperative for the decline in public capital flows. Notwithstanding positive developments, the country still needs building blocks to prod economic growth, a functioning market economy, and equitable distribution of prosperity. The report updates the progress being implemented through the Bank portfolio, and new operations, one that improves the balance between state and entity institutions, consistent with European Union accession requirements, and to build the economy, reduce poverty, and promote development. Project updates are listed, while key medium-term challenges are outlined within the context of the Country Assistance Strategy (FY00-02), the International Finance Corporation (IFC) investments, and the Multilateral Investment Guarantee Agency (MIGA) promotion of foreign direct investment flows.




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