The government will subsidize interest rates of up to 4.5% for micro, small and medium-sized enterprises (MSMEs), as well as craftsmen and other individual entrepreneurs, Amir Zukić, the Federation's Minister of Development, Entrepreneurship and Crafts, said in a statement.

Eligible companies and entrepreneurs will receive the subsidies on a quarterly basis. The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.