Ambassador: US Remains Steadfast Partner to Leaders Willing to Set BiH Forward

The US Embassy in Bosnia and Herzegovina organized a celebration of the 245th anniversary of the independence of the US via its Facebook page, Sunday (04.07) evening.

In his address, US Ambassador Eric Nelson pointed out that the holiday is an opportunity to celebrate 25 years of partnership between the United States and BiH in the country, adding that this year marks an important moment in relations between the two countries – 25 anniversary since the USAID began providing assistance to BiH.
He emphasized that for the past 25 years the US have been investing in the institutions and training of BIH citizens who strive for a prosperous and democratic future based on the rule of law.
The Ambassador noted that BiH needs leaders to build trust, who in return need a strong base.
Speaking about the elections, Ambassador Nelson said that corrupt actors who exploit the election system and manipulate it for their own benefit rob citizens of the right to elect their own leaders and call those same leaders to account.
The United States will remain a steadfast partner to the leaders and citizens who are willing to tackle these problems and set BiH forward, US Ambassador Eric Nelson concluded.

The USAID has provided assistance to BiH in 2019 amounting to $35 239 670 of which $15 mln were aimed at enhancing governance, $8.1 mln assigned to administrative costs, $7.3 mln to facilitating economic growth and $3 mln to education.

Serbian PM to EBRD: GDP Dropped Less Than 1 Percent in 2020

Serbian Prime Minister Ana Brnbaic said on Wednesday (30.06) that Serbia’s GDP dropped by 0.9 percent in 2020, the second best result in Europe.

She told a panel meeting at the annual gathering of the European Bank for Reconstruction and Development (EBRD) that her government introduced three financial aid packages for companies and invested eight billion Euro (17 percent of the GDP) during the pandemic. According to her, the aid packages help sustain the economy and increase employment rates.

Brnabic said that education is very important for the country’s economy and added that Serbia wants its economy to be based on knowledge and innovation instead of a labor force.

This result of Serbia’s GDP is much better than the initially expected by the European Commission decline of 1.8 percent.