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World Bank continues to support competitiveness of Croatia’s economy

ZAGREB, June 28 (Hina) - The World Bank's Board of Executive Directors has approved a Partial Credit Guarantee (PCG) of up to EUR200 million (US$256.40 million equivalent) to the Croatian Bank for Reconstruction and Development (HBOR) for commercial lending of up to EUR250 million for the Croatian Export Financing Guarantee Project (CEFGP), the World Bank office in Zagreb said in a press release on Friday.

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