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Reforms and Investments

Establishment of financial instrument for more favourable financing of public entities

  • Project
Establishment of financial instrument for more favourable financing of public entities
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The aim of this investment is to stimulate public investment and improve the quality, efficiency and sustainability of public services, as well as reduce the cost of public sector financing.

The Croatian Bank for Reconstruction and Development (HBOR) established a financial instrument that provides concessional financing to public entities.

Through interest rate subsidies, public companies will be assisted in developing needed economic, municipal, transport and social infrastructure, as well as implementing investments in new technologies and systems.

Out of the planned allocation of over EUR 26 million, more than EUR 7 million is aimed at supporting environmentally friendly projects (over EUR 3 million for the reduction of greenhouse gases), and over EUR 18 million for investments aimed at enhancing the sustainability and quality of infrastructure.