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Bosnia's Federation govt approves 9.5 mln euro grant from Germany's KfW for energy efficiency

Bosnia's Federation govt approves 9.5 mln euro grant from Germany's KfW for energy efficiency Author: The government of Bosnia's Federation. Licence: All rights reserved.

SARAJEVO (Bosnia and Herzegovina), December 12 (SeeNews) - Bosnia's Federation government said on Thursday it has approved a 9.5 million euro ($10.6 million) grant from German development bank KfW to finance an energy efficiency project in public facilities.

The Federation's finance minister and the minister of spatial planning are authorised to sign the agreement for the project financing, the entity's government said in a press release. 

The estimated deadline for the implementation of the project is four years. 

The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic. 

($ = 0.89769 euro)

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