Post Tagged with: "BUSINESS"

Official: Bosnia and Herzegovina to reopen Airports on June 1st

May 30, 2020 5:30 PM
Official: Bosnia and Herzegovina to reopen Airports on June 1st

  Bosnia and Herzegovina will reopen its four international airports – Sarajevo, Tuzla, Banja Luka and Mostar – for commercial flights on Monday, June 1. The country will also reopen its borders to citizens of Croatia, Montenegro and Serbia. Bosnia and Herzegovina closed its airports for commercial traffic on March […]

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IMF Managing Director: Outlook is worse than our already Pessimistic Projection

May 18, 2020 1:15 PM
IMF Managing Director: Outlook is worse than our already Pessimistic Projection

    “With the crisis still spreading, the outlook is worse than our already pessimistic projection. Without medical solutions on a global scale, for many economies a more adverse development is likely,” said IMF Managing Director Kristalina Georgieva in a new interview with the FT on how the IMF is supporting emerging and […]

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Positive Story: Ermina Hrnjic Started her own Business with Modern Technology

May 13, 2020 2:00 PM
Positive Story: Ermina Hrnjic Started her own Business with Modern Technology

  Ermina Hrnjic from Sarajevo, a student of the Faculty of Economics with working experience of arranger and salesperson, started her own business at home and become a real master at it in a short time. Even though she did not gave up on the intention to complete her studies, […]

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Consumer Basket for April amounts to almost 2,000 BAM

May 7, 2020 6:00 PM
Consumer Basket for April amounts to almost 2,000 BAM

  The consumer basket calculated by the Union of Independent Trade Unions of Bosnia and Herzegovina for April 2020 amounts to 1,987.72 BAM and is 248 BAM cheaper than the consumer basket for the previous month. The Trade Union reminds that the average salary paid in the Federation of BiH […]

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Connectedness of the Dutch Economy Leads to Lower GDP Growth Forecast

May 6, 2020 2:00 PM
Connectedness of the Dutch Economy Leads to Lower GDP Growth Forecast

  The GDP growth forecasts for the Netherlands issued by the IMF in its April 2020 World Economic Outlook (WEO) surprised many, not only for the large negative 2020 number itself, but for it being weaker than some other leading European economies. Let me make some general considerations about forecasting amid today’s […]

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No Delays in Payment of VAT in Bosnia and Herzegovina

May 3, 2020 2:00 PM
No Delays in Payment of VAT in Bosnia and Herzegovina

  Having in mind the fact that the media landscape is mostly filled with information about the COVID-19 disease, caused by the coronavirus, and that we are provided on a daily basis with information about measures undertaken by the governments of many countries in order to mitigate the negative effects […]

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Sarajevo Canton to record a Fall in Revenues by more than 100 Million BAM

May 2, 2020 2:45 PM
Sarajevo Canton to record a Fall in Revenues by more than 100 Million BAM

  Sarajevo Canton, due to the coronavirus pandemic, has recorded a fall in revenues, which is projected to amount to more than 100 million BAM by the end of the year, said Cantonal Minister of Finance Jasmin Halebic. At a press conference with the Government and the Civil Protection Staff […]

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Small Family Business producing Soap exports to the United Arab Emirates

May 1, 2020 10:30 AM
Small Family Business producing Soap exports to the United Arab Emirates

  AlmaDerm, a small family business producing soap in the small Bosnian town of Kladanj, is gearing up for the Dubai Global Village fair and will export its products to the United Arab Emirates (UAE). Alma Camdzic’s small business was one of the first in Bosnia to secure sales for […]

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USAID supports the Development of marginalized Women’s Businesses with 400,000 BAM

April 28, 2020 6:30 PM
USAID supports the Development of marginalized Women’s Businesses with 400,000 BAM

  USAID’s Marginalized Groups Support Program and nine BiH local government units have formed a joint fund to support the development of marginalized women’s businesses. The total value of the fund is around 420,000 BAM, in which USAID and local communities participate equally. The Fund’s support is intended for the […]

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To properly address the Medical Emergency and large Output Contraction, a Fiscal Expansion is needed

April 25, 2020 3:00 PM
To properly address the Medical Emergency and large Output Contraction, a Fiscal Expansion is needed

  The Executive Board of the International Monetary Fund (IMF) today approved SDR 265.2 million (about US$361 million or €333 million, 100 percent of its SDR quota) in emergency assistance for Bosnia and Herzegovina (BiH) under the Rapid Financing Instrument (RFI). It will help the country meet an urgent balance-of-payments […]

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