We can expect the first signs of recovery of the economy of Bosnia and Herzegovina at the end of 2021, and the recovery will mostly depend on the situation in the countries of Western Europe, with which BiH realizes more than two-thirds of foreign trade.
These are the opinions of economic experts and analysts who agree in an interview with Nezavisne that it is currently ungrateful to predict when the recovery of BiH could
Some economic analysts are of the opinion that the metal and footwear industry will be the first to recover from the
”The pandemic lasts much longer than the first announcements. It is ungrateful to predict how long the crisis will last and how much damage it will ultimately cause to the economy, not only in Republika
He added that there is no company in RS that is not in some way, directly or indirectly, affected by the spread of the coronavirus.
Mirsad Jasarspahic, president of the Federal Chamber of Commerce, told Nezavisne that the first signs of improvement can most likely be expected by the end of
”The most important thing that will happen to global supply chains connected to our businessmen is that large chains will try to move away from distant destinations, because they want to reduce the risk for some future situations such as a pandemic, and will opt for closer destinations, such as the Western Balkans,” Jasarspahic explained.
He added that this situation should certainly be used by businessmen in BiH.