Croatia disbursed €64m for foreign development aid in 2019

NEWS 05.03.202111:04 0 komentara
Pixabay/Analogicus

In 2019 Croatia spent 481 million kuna (€64 million) on foreign development aid, or 6 percent up from the year before, a report presented in Parliament on Thursday showed. The leading recipient of Croatia's aid was neighboring Bosnia and Herzegovina, which received 89 million kuna (€12 million) for nearly 200 various projects.

The figures came from a report compiled by the Foreign Ministry on Thursday.

The 481 million kuna disbursed represents 0.13 percent of Croatia’s GDP. Most of that sum, though, is accounted for by Croatia’s contribution to the parts of the EU general earmarked for development and its mandatory contribution to the European Development Fund.

Other main recipients of aid were Ukraine and Jordan. Croatia also supported the European Investment Bank’s initiative to strengthen economic resilience for countries located on migratory routes, as well as the EU mechanism for refugees in Turkey. In 2019 Croatia also helped Yemen, Iran, Mozambique and the earthquake-hit Albania, the Ministry said.

(€1 = 7.57 kuna)

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