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"54 million euros for the transport program"/ EU and WB grant approved for the Western Balkans

2025-11-21 12:25:00, Aktualitet CNA

"54 million euros for the transport program"/ EU and WB grant approved

The agreement between the European Union and the World Bank for the approval of the WBIF grant within the framework of financing for the Western Balkans was signed today.

Following the summit proceedings on the Growth Plan "Our Path to the EU", a grant of 54 million euros was approved to go to the safe and sustainable transport program. The total value of grants provided by the EU for this program amounts to 134 million euros from 2023.

The Western Balkans Investment Facility (WBIF) is a financing mechanism launched in December 2009 by the European Commission, together with the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), bilateral donors and beneficiary countries of the Western Balkans, with the aim of supporting strategic investment projects.

WBIF combines grants, loans and beneficiary contributions for infrastructure development in the energy, environment, transport, digital and social sectors, as well as for private sector development. /CNA





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