Survey on Foreign Investments

10/23/2003

The Central Bank of BH (CBBH) has started conducting an extensive survey on foreign investments in BH, which is carried out by its Economic Research and Statistics Department.

The existing data are not adequate, since they neither include all foreign investments, nor follow international standards, which means that they are not comparable with other countries. Also, there are no data about our investments abroad, or on loans which our companies take from abroad.

The exact data on foreign investments have a vital significance for recognizing the general condition of the BH economy and formulating of economic policies. More precise measurement of foreign investments is especially important for the country's Balance of Payments from the aspect of financing of the current account deficit, as well as for attracting new investments.

This is the first time that such research, which is regularly conducted in most of other countries, is implemented in BH in accordance with the international standards. The CBBH has received support from the responsible state and entity ministers for conducting of this survey.

This survey will include almost 1,000 companies and commercial banks in BH, which could have direct foreign investments.

Governor of the CBBH Peter Nicholl has invited all companies to fill in the survey forms which will be sent to them soon and he assured them that the data which they will provide will be treated as confidential and used exclusively for statistic purposes. The aggregate results of this survey will be available at the end of this year.


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