EU to grant EUR 41.9 million to Bosnia and Herzegovina

The European Commission adopted the 2013 national programme for Bosnia and Herzegovina under the Instrument for Pre-accession Assistance (IPA).

The funds available amount to EUR 41.9 million. This is EUR 45 million less than initially envisaged. Since Bosnia and Herzegovina is at a standstill in the European integration process, the European Commission could not justify providing the full amount of previously envisaged pre-accession aid to the country.

Unlike development aid, IPA is specifically designed to help countries with their pre-accession reforms.

ESO: Background information: Instrument for pre-accession assistance (IPA) http://www.europeansources.info/record/instrument-for-pre-accession-assistance-ipa/

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