1st November 2023, Skopje – European Bank for Reconstruction and Development is one of the most important and major international financial institution in the country, contributing greatly to the progress and the development the Republic of North Macedonia has achieved. Over the past period, 175 projects totaling EUR 2,554 million were implemented together with EBRD and such fruitful cooperation will continue in future, Minister of Finance, Fatmir Besimi, said at the meeting with the EBRD Director for Western Balkans region, Matteo Colangeli, and the new EBRD Head of North Macedonia, Fatih Türkmenoğlu.
The Minister congratulated Mr. Türkmenoğlu on his new position, wishing him continued success, professional advancement and future fruitful cooperation in implementing the many projects, which will contribute to country’s further development and prosperity.
“I am confident the already established cooperation with the EBRD will continue in the coming period as well by preparing and implementing priority projects of positive effect on our economy and the living conditions of the citizens. This is a goal we both share and I expect extensive support in achieving the set priorities”, Minister Besimi pointed out.
Projects being currently implemented with EBRD support in the energy sector and infrastructure and their further course were also discussed during the meeting, as well as the support expected for the Just Energy Transition process with US$ 85 million available through the Climate Investment Fund, all to the end of accelerated energy transition and coping with the challenges arising along the process. EBRD will be the lead IFI in the country with the assistance of which this process will be implemented.
In addition, during the meeting, it was underlined that North Macedonia has already started undertaking activities for the initiative to expand Bank’s operations in sub-Saharan Africa and Iraq, launched at the EBRD Annual Meetings held in Samarkand this year.