Croatia and World Bank to Cooperate in Investments, Reforms

By 12 December 2018

ZAGREB, December 12, 2018 - Prime Minister Andrej Plenković met on Wednesday with the World Bank's vice president for Europe and Central Asia, Cyril Muller, the government said in a press release, adding that Croatia and World Bank would continue to cooperate in investments and reforms.

Plenković said he was pleased with the cooperation with the World Bank to date and its support for Croatia's development, as confirmed by the EUR 3.5 billion granted in loans thus far.

He underlined that the government's policy focused on fiscal consolidation, structural reforms and investments.

He said that as part of a new strategy of cooperation with the World Bank, Croatia was considering areas where cooperation could be intensified, primarily regarding viability of public finances, improving competitiveness and the business environment, and balanced regional development.

Muller said the World Bank readily responded to Plenković's invitation to become even more involved in Croatia's economic development and investment projects.

He said the World Bank continued to support Croatia in reforms, notably those aimed at improving the business environment, healthcare, the judiciary, education, agriculture and transport.

More news on Croatia's cooperation with the World Bank, as well as on other business and economic developments, can be found in our Business section.