All Activities of the CBBH Were Realized According to the Strategic Plan

At today's session held in Mostar, 24 June 2003, the Governing Board of the Central Bank of BH (CBBH) concluded that realization of the CBBH Strategic Plan for period January-May 2003, was as planned as well as the all activities were realized in accordance to the Plan.

The CBBH Governing Board is informed about Report on the Final Audit of the Account for servicing of the foreign debt of BH for 2002, prepared by the Office for the Audit of the Financial operating of the BH Institutions. In May 2003, the authorized auditor controlled the documentation of the CBBH Office for relations with the international financial institutions and assessed positively.

According to the international auditor, the CBBH is taking into consideration all important aspects operated according to regulations of the Agreement on servicing of the foreign debt, concluded on 31 December 2002.

Audit was made in accordance to the generally accepted standards of the auditor and International Organization of the supreme Auditor institution (INOSAI). These standards says that audit should be planned and made on way to convince the Audit Office of the BH institutions that the CBBH operated in accordance to regulations of Agreement which defines payment of the foreign debt's annuities, informing of the Ministry for finances and treasury about performed transactions and notification of accounts.

The CBBH Governing Board has chosen the building of the Federation BH Economic Chamber of the Federation BH as the best offer for the new premises of the CBBH Main Unit Mostar. The public bid was announced for the best offer and building of the Federal Economic Chamber is choosen because of the good treasury conditions.