Cooperation with EBRD

Minister of Finance, Dragan Tevdovski, together with MoF economic team, met EBRD representatives today, led by Anka Ioana Ionesku, Head of EBRD Office in Macedonia.

Ionesku expressed her contentment for the cooperation with Minister Tevdovski, wishing him success in his office.

Both parties agreed that reforms in infrastructure and energy sector need to be supported by joint commitment, at the same time intensifying the funding and the support to small- and medium-sized enterprises.

Macedonia has been cooperating with EBRD for 24 years, with 104 projects being approved totaling EUR 1.6 billion.

At the moment, total value of projects being implemented amounts to EUR 727 million, 79% of which are in the infrastructure, 14% are being implemented in the energy sector, 4% in the financial sector and 3% in the industry, trade and agri-business.