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SARAJEVO, May 20 (FENA) - The Council today adopted a decision to provide up to 3 billion euros of macro-financial assistance to ten enlargement and neighbourhood partners to help them cope with the economic fallout of the COVID-19 pandemic, Delegation of the EU to BiH announced.
Financial assistance will be provided in the form of loans on highly favourable terms and allocated as follows: Albania: EUR 180 million, Bosnia-Herzegovina: EUR 250 million, Georgia: EUR 150 million, Jordan: EUR 200 million, Kosovo: EUR 100 million, Moldova: EUR 100 million, Montenegro: EUR 60 million, Republic of North Macedonia: EUR 160 million, Tunisia: EUR 600 million and Ukraine: EUR 1200 million.
EU assistance will help these jurisdictions cover their immediate financing needs which have increased as a result of the COVID-19 outbreak. Together with the support from the International Monetary Fund, the funds will help enhance macroeconomic stability and create space to allow resources to be allocated towards protecting citizens and to mitigating the negative socio-economic consequences of the coronavirus pandemic, stated the EU Delegation to BiH.
(FENA) A. B.
