Chairman of BH Presidency Visited the CBBH

Chairman of the Presidency of Bosnia and Herzegovina Željko Komšić has visited today, 13 December 2007, the Central Bank of Bosnia and Herzegovina, whose officials informed him about the work and results of this institution.

The CBBH Governor Kemal Kozarić thanked to the Presidency of Bosnia and Herzegovina for the support which the CBBH received during the ten years of its operations. While presenting the work results, Governor Kozarić emphasized the importance of maintaining the monetary stability in an unstable economic and political environment.

Preliminary results show that, this year, the CBBH will make a profit amounting to around KM 140 million, out of which around KM 60 million, according to the CBBH Law, will be allocated into to the budget of the state institutions.

Governor also emphasized the constant growth of the foreign reserves, as well as the fact that the high foreign trade deficit is not financed at the expense of foreign reserves.

During the discussion it was stated that, in order to achieve the economic progress of the country, it is necessary to work both on monetary stability and fiscal stability, and to establish better coordination between the monetary and fiscal area.

This discussion was also attended by the Adviser to the Chairman of the BH Presidency for Economic Issues, Boris Tihi, Ph.D., and the CBBH Vice Governors Anka Musa, Feriha Imamović and Ljubiša Vladušić. 

After the discussion, the Chairman of BH Presidency, also visited the currency exhibition and the vault of the CBBH.

 Public Relations Section