The total liabilities of the Republic of Srpska (RS) entity on behalf of the principal on foreign loans amounted to around BAM three billion at the end of 2017.

Since the signing of the Dayton Peace Agreement (1995) which ended the war in Bosnia, this Bosnian entity was granted loan funds for financing investment projects from several areas such as construction and reconstruction, public works and employment, reconstruction of transport, railways, telecommunications, electricity and water supply systems, development of agriculture etc.

On account of these investment projects, the RS had borrowed from international financial institutions, including the World Bank (WB), International Development Association (IDA), International Fund for Agricultural Development (IFAD), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Council of Europe’s Development Bank (CEB) as well as the governments of Belgium, Japan, Austria, Spain and Portugal.

Some of these loans were transferred to end-users on the loan basis, under the same or different conditions of loan indebtedness.

According to the preliminary data of the RS Finance Ministry , the state of RS’ total debt, both external and internal, amounted to around BAM 5,4 billion (around ENR 2.6 billion), at the end of February this year, while the total debt subject to legal limitations is BAM 5.3 billion or 50.62 percent of the estimated GDP for 2018. 

(EUR 1 = BAM 1.95583)