Speeches Shim
USAID’s Catalyzing Cross-Party Initiatives project improves BiH’s overall reform prospects by engaging political parties in both BiH entities in cross-party discourse and policy development that focuses on pressing social and economic problems.
USAID’s Independent Media Empowerment Program will sustain independent media in BiH by providing direct support for media that produce professional and independent reporting, and supporting the legal representation for media organizations and journalists targeted by politically motivated defamation lawsuits.
Mission Director of the United States Agency for International Development in BiH (USAID/BiH), Peter Duffy, and the Mayor of Foča Municipality (east Bosnia) Radisav Mašić, signed a Memorandum of Understanding (MOU) for mutual support of the Service Center for Persons with Developmental Disabilities future work in Foča.
Project Snapshot:
Total Funding: $2.55 million (with cost share by CRS $145,000, and local government partners $200,000)
Project Duration: September 2016-September 2018
Implementing Partner: Catholic Relief Services (CRS)
![Stimulating investment by BiH diaspora located around the world Stimulating investment by BiH diaspora located around the world](https://2017-2020.usaid.gov/sites/default/files/styles/square_thumbnail/public/Diaspora_FS_0.png?itok=YwxCPlw5)
More than 2 million people originating from Bosnia and Herzegovina (BiH) reside outside of the country. BiH diaspora is mostly well-integrated and better off than other migrant communities in their host countries, with ample potential and willingness to contribute to the development of BiH. This is evidenced by substantial diaspora remittances, currently estimated at 14 percent of BiH GDP, greatly exceeding the FDI flows into the country. However, BiH’s interaction with diaspora has been largely unstructured, with little systemic engagement and no incentives to help channel their investments toward productive uses in terms of socio-economic development. A decisive intervention is needed to engage with diaspora investors in a planned, thoughtful manner, provide incentives for investment, and establish a local platform to provide diaspora business services and facilitate investment.
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