Vice-Governor Dowgielewicz on official visit to Bosnia and Herzegovina

1 June 2015

Vice Governor in Bosnia and Herzegovina.jpgPARIS - CEB Vice-Governor for Target Group countries Mikołaj Dowgielewicz visited Bosnia and Herzegovina on 26-27 May, where he met with the Minister for Human Rights and Refugees Semiha Borovac, the Minister for Refugees and Displaced Persons of Republika Srpska Davor Čordaš, and other senior officials of Bosnia and Herzegovina.

Minister Borovac informed the Vice-Governor about progress made in selecting RHP beneficiaries from around 26 000 applications received, and said that the selection process would soon be completed. 170 beneficiary families had been selected for the first sub-project and 650 for the second sub-project. 

Vice-Governor Dowgielewicz expressed his satisfaction with the current cooperation between the CEB and the State and Entity Ministries of Bosnia and Herzegovina, both on the Regional Housing Programme (RHP) and other CEB-funded projects. He said that further efforts were needed at all levels to remove administrative barriers which might slow down project implementation.

Concerning the CEB-funded project for the closure of collective centres (“CEB2”), Minister Borovac said that it was one of the Ministry’s priority projects and one of the main building blocks for the Implementation of Annex VII of the Dayton Peace Agreement. With a total cost of € 104 million, the project would ensure that the majority of collective centres in the country were closed and at least 2 600 families would receive permanent housing solutions.

Vice-Governor Dowgielewicz also held meetings with Bosnia and Herzegovina’ Minister of Finance and Treasury Vjekoslav Bevanda, and Minister of Finance and Treasury Josip Grubeša.

Set up in 1956, the CEB (Council of Europe Development Bank) has 41 member states. Twenty-two Central, Eastern and South Eastern European countries, forming the Bank's target countries, are listed among the member states. As a major instrument of the policy of solidarity in Europe, the Bank finances social projects by making available resources raised in conditions reflecting the quality of its rating (Aa1 with Moody's, outlook stable, AA+ with Standard & Poor's, outlook stable and AA+ with Fitch Ratings, outlook stable). It thus grants loans to its member states, and to financial institutions and local authorities in its member states for the financing of projects in the social sector, in accordance with its Articles of Agreement.