Governor Softić at the Summit of Finance Ministers, Governors and Directors of Tax Administrations 6/13/2016 Tweet Governor of the Central Bank of Bosnia and Herzegovina Senad Softić, Ph. D. attended a Summit of finance ministers, governors and directors of tax administrations in the region, entitled "Financial Stability in the Region in the Changed Global Circumstances", which was held on 10 and 11 June 2016 in Bečići (Montenegro). Within the Summit, Governor Softić took part in the panel of the central bank governors from the region on key challenges for monetary policy and bank supervision in 2016. In this panel, a number of current topics were discussed including the possible consequences of the new policies of the FED and the ECB on monetary policy, interest rates and exchange rates of local currencies in the Western Balkans, the global currency war and the consequences for the countries of the region that do not use the euro, the stress tests and systemic risks in the banking sector, the advantages and disadvantages of "inflation targeting", interest rate policy in 2016, the euro as currency –advantages and disadvantages, new models of regional cooperation. The summit was organized by the Belgrade weekly magazine NIN focus, with the support of the Ministry of Finance of Montenegro and the Central Bank of Montenegro.
