World Bank’s Board of Directors will soon be adopting the Framework for Partnership 2019-2023 with which Republic of North Macedonia will be approved 420 million dollars, informs the Ministry of Finance.
These are planned for projects in the areas of infrastructure, improvement of the business climate and investments in human capital.
-We expect that in the next month, the World Bank will approve the strategy for cooperating with our country in the forthcoming period for which 420 million dollars will be provided for financing the building of local roads but also for finding ways for investments in the improvement of the human capital in our country. That will help to improve the citizens’ living standard – said the Minister of Finance, Dragan Tevdovski after the meeting with the World Bank’s Director for Western Balkans Linda Van Gelder, as part of the Spring Meetings with WMF and the World Bank.
These projects also include the Project for facilitation of trade and transport in the Western Balkans in the amount of 26 million. Also, this includes the project for building and rehabilitation of local roads in the amount of 70 million euros. The strategy encompasses the project for reforms in the agriculture for the development of distributive centers including projects for support of reforms in the areas of education and health and the projects for pension reforms.
