Swiss govt to back projects in BiH with 74 million francs

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The Swiss government will invest 74 million Swiss francs (69.5 million Euros) in various projects in Bosnia between 2017 and 2020, BiH ministry for economic relations said.

The funds, around 20 million Swiss francs annually, will mostly be directed towards projects of youth employment, small businesses, competition and health, the ministry said in a statement.

The main aim of the Swiss programme is to strengthen the democratic political system in Bosnia and Herzegovina and its social market economy, the ministry noted.