The EU is by far the biggest provider of aid to Bosnia and Herzegovina. International financial institutions such as the European Investment Bank and the European Bank for Reconstruction and Development (where the EU is a major stakeholder) also provide significant assistance to BiH.
It is not easy to summarize all the funds that have been actively allocated to Bosnia and Herzegovina over several decades, but if we focus on the support managed by the EU Delegation, as well as support through the Investment Framework for the Western Balkans, and EU programs in which Bosnia and Herzegovina participates, we get a result about several billion euros invested in Bosnia and Herzegovina.
Since 1991, the European Union has invested over 3.7 billion euros in Bosnia and Herzegovina, from the following funds:
- ECHO (Humanitarian Aid), implemented from 1991 to 2003 – EUR 1.03 billion;
- Phare/OBNOVA, implemented from 1991 to 2003 – EUR 840.9 million;
- Special activities from 1991 to 2003 – EUR 318.7 million;
- CARDS, implemented from 2001 to 2006 – 412.4 million EUR;
- IPA I, implemented from 2007 to 2013 – EUR 610 million;
- IPA II, implemented from 2014 onwards – EUR 530 million.
When Bosnia and Herzegovina, for example, was hit by floods in 2014, the European Union allocated EUR 43.5 million to support the recovery of flood-affected communities throughout BiH, plus EUR 41 million for accompanying activities.
Highway – Corridor Vc
Corridor Vc is part of the trans-European transport core network, it starts in Budapest, goes through northern Croatia (Osijek), through Bosnia and Herzegovina via Doboj, Zenica, Sarajevo and Mostar, and ends in the Croatian port of Ploce. More than 325 km of Corridor Vc passes through BiH and it is the largest infrastructure project ever in the country's history. Over 1.5 million people live along the corridor and therefore it is the backbone of the country's connectivity and the main priority of regional development in the Western Balkans.
The BiH authorities have committed to finishing the highway on Corridor Vc by 2028.
So far, the European Union has allocated more than half a billion euros (542 million euros) in grants for the construction of 15 subsections of the highway. The grants are channelled through the Investment Framework for the Western Balkans and, together with loans from the European Investment Bank and the European Bank for Reconstruction and Development, help finance investments of approximately 2 billion euros.
Although the presented data do not highlight all the support that the European Union has provided to Bosnia and Herzegovina, it still gives an indication of the breadth, depth and consistency of EU support over the years. Also, the data shows the support of the institutions of the European Union and does not take into account the bilateral support of the EU member states, which has also been significant over the years.