Vice Governor Marko Vidaković, M.Sc. has attended the Dutch-Belgian constituency conference

Vice Governor of the Central Bank of Bosnia and Herzegovina (CBBH) Marko Vidaković, M.Sc. attended the high level conference of the constituency, which took place in Amsterdam in the organisation of the Netherlands Bank.

This kind of conference for the members of the Dutch-Belgian Constituency, which Bosnia and Herzegovina belongs to, has been alternately organised since 2014 by the National Bank of Belgium and the Netherlands Bank. The subject of this year's conference was „Dealing with geo-economic fragmentation“, and it gathered the heads of central banks of the constituency member countries to discuss macroeconomic policy issues in the current challenging geopolitical environment.

The conference was opened by the Governor of the Netherlands Bank Klaas Knot,who is also a Chair of the Financial Stability Board (FSB) and the Board of Directors of the Bank for International Settlements.

The discussion focused on the challenges that geopolitical shocks such as wars, energy crises and global market turbulence pose to the economies of the Constituency member states, as well as on the responsibility of central banks in preserving financial stability and economic growth in such conditions.

Vice Governor Vidaković emphasized the importance of timely and coordinated responses by central banks to global economic disruptions. “Contemporary geopolitical challenges require a strategic approach and flexibility in conducting macroeconomic policy. This conference enabled a constructive exchange of ideas and experiences, which will contribute to building more resilient financial systems and strengthening cooperation among central banks,” emphasized Vice Governor Vidaković.

In addition to analyzing current economic pressures, participants also discussed specific risk management strategies and the role of central banks in preserving stability in times of uncertainty. The conference emphasized the importance of international cooperation and knowledge exchange in shaping policies that can mitigate the consequences of geopolitical shocks on the global economy.