Governor Softić Attending the Annual Meetings of the International Monetary Fund and the World Bank

October 14, 2017

The Governor of the Central Bank of Bosnia and Herzegovina (CBBH) Senad Softić, Ph.D, is staying in Washington from October 13 to 15, 2017, where, within the BH Delegation, he attends the Annual Meetings of the International Monetary Fund and the World Bank, as well as bilateral meetings with senior officials of these financial institutions. 

Governor Softić attended the Plenary Session and the opening of the Annual Assembly of the IMF and the WB, and the meeting of the Dutch-Belgian Constituency of the IMF and the WB to which BH belongs. The meeting addressed the current economic and financial issues in the member states of the Constituency, as well as the economic development and financial stability of the member states of the Constituency. These meetings are the opportunity to discuss topics on which the Constituency should have a position at the meetings of the IMF and the World Bank. 

As a member of the BH Delegation, and in the capacity of the Governor of the World Bank during the Annual Assembly, Governor Softić will attend meetings with Director of the IMF Department for Europe Paul Thomsen, Executive Director of the IMF Anthony de Lannoy, and the Head of the IMF Mission to BiH, Nadeem Ilahi, then with the Executive Director of the WB Franck Heemskerk, the Director of the Western Balkans SB Linda van Gelder and the Vice-President of the WB for the ECA region Cyril Muller. During these meetings, the topics of discussion will be the economic trends, monetary policy, banking and financial sector, and on the current developments regarding the implementation of recommendations from the Letter of Intent with the IMF. 

With the Governor Softić, the BiH Delegation to Washington consists of Republika Srpska Prime Minister Željka Cvijanović, Federation of Bosnia and Herzegovina Finance Minister Jelka Miličević, representatives of the Council of Ministers of BiH and the Ministry of Finance and Treasury of BH and the Ambassador of BH to the United States, H. E. Haris Hrle. 

On the last day of his stay in Washington, there will be a meeting with the representatives of the Western Balkan countries on the challenges and opportunities in the sector of the public infrastructure and banking system, which will be hosted by Paul Thomsen, Director of the Department for Europe at the IMF.