18-03-2025
On 8 November 2023, the European Commission adopted a new Growth Plan for the Western Balkans, aiming to bring the Western Balkan partners closer to the EU by offering them some of the benefits of EU membership in advance of accession and boosting economic growth, as well as accelerating socio-economic convergence, as key elements of successful European integration.
Enhancing economic integration with the European Union’s Single Market
Boosting economic integration within the Western Balkans through the Common Regional Market
Accelerating fundamental reforms
Increased financial assistance
To support this process, a new €6 billion financial instrument, the Reform and Growth Facility for the Western Balkans, was adopted for the period 2024- 2027. At least half the total amount (grants and loans) finances priority infrastructure investments in transport, energy, digital, and human capital development through the WBIF. The remaining amount of loans will be channelled to the treasuries of the beneficiaries
financial instrument
Financial support under the Facility will only be disbursed upon the successful implementation of reforms by the beneficiaries. Each beneficiary has to prepare a Reform Agenda, which is consulted, assessed and approved by the Commission following positive assessment by the Council
The scoreboard below displays the progress in the implementation of the Reform and Growth Facility, including the steps fulfilled and the amounts disbursed.
total investment
The European Commission proposed to the WBIF Operational Board a support package of €87.7 million for clean-energy investments in the Western Balkans worth a total of €487.3 million.
These investments, focused on electricity, hydropower and solar heating, will be the first to be financed by the Reform and Growth Facility under the EU’s Growth Plan for the Western Balkans, and will be rolled out through the WBIF in cooperation with Western Balkan partners and international financial institutions.
WBIF RGF
€13.6m
Estimated investment
€64.2m
Expected completion
2030
WBIF RGF
€10.5m
Estimated investment
€95.3m
Expected completion
2030
WBIF RGF
€8m
Estimated investment
€61.m
Expected completion
2025
WBIF RGF
€3.1m
Estimated investment
€18.3m
Expected completion
2028
WBIF RGF
€5m
Estimated investment
€26.5m
Expected completion
2027
WBIF RGF
€6.3m
Estimated investment
€0.2m
Expected completion
2028
WBIF RGF
€15.8m
Estimated investment
€72.1m
Expected completion
2030
WBIF RGF
€25m
Estimated investment
€114.3m
Expected completion
2028
