Countries from the region hope a donors' conference in Sarajevo will raise more than half billion euro to solve outstanding refugee issues.
Bosnia, Croatia, Montenegro and Serbia have committed themselves in Belgrade to finding 82 million of the 584 million euro needed to permanent solve the status of 74,000 vulnerable refugees and displaced persons in the region.
They hope the rest will come from a donors' conference scheduled for Sarajevo on April 24 supported by the UN and the EU.
Monitoring and allocating the money collected from international donors will be conducted by the Council of Europe Development Bank.
According to official data, over 70,000 refugees remain in the region, more than 2 per cent of whom have lived in collective centres for the last 20 years.
Vladimir Cucic, Commissioner for Refugees in Serbia, said Bosnia will have 14,000 users of the funds, Croatia 8,529, Montenegro 6,000 and Serbia around 45,000.
A representative of the UN High Commissioner for Refugees, UNHCR, Anne Willem Bijleveld, has urged countries in the region to support the project of solving the problem of refugees.
"We [the UN] have four working groups that will arrange the details of solving the problem of permanent refugees in the Western Balkans over the next few years," he said.
"It is essential that the four governments of the region agree on the implementation of the programme," he added.
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