Post Tagged with: "#economy"

COVID-19 Pandemic has heightened the Importance of stronger Governance

August 7, 2020 6:15 PM
COVID-19 Pandemic has heightened the Importance of stronger Governance

    Corruption, the abuse of public office for private gain, is about more than wasted money: it erodes the social contract and corrodes the government’s ability to help grow the economy in a way that benefits all citizens. Corruption was a problem before the crisis, but the COVID-19 pandemic has […]

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Sattler: After No real Progress, BiH Citizens believe that EU Membership is no longer a real Possibility

August 1, 2020 4:00 PM
Sattler: After No real Progress, BiH Citizens believe that EU Membership is no longer a real Possibility

  Last week the EU leaders reached a consensus on ambitious plan to help their economies recover from the downturn caused by Covid-19. There have been differing views about details, but no disagreement about the need for a coordinated effort to address the effects of the pandemic. The motto of […]

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Tegeltija: Council of Ministers to create Budget to Help those who suffered damage due to Pandemic

July 28, 2020 1:30 PM
Tegeltija: Council of Ministers to create Budget to Help those who suffered damage due to Pandemic

Chairman of the Council of Ministers Zoran Tegeltija welcomed the adoption of the budget of institutions of Bosnia and Herzegovina and international obligations for 2020 and emphasized that the Council of Ministers will try to create a fund that will be used to help those who suffered damage due to […]

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Dominant Currencies and the Limits of Exchange Rate Flexibility

July 22, 2020 4:15 PM
Dominant Currencies and the Limits of Exchange Rate Flexibility

  Faced with an unprecedented shock of collapsing global demand and commodity prices, capital outflows, major supply chain disruptions and a generalized drop in global trade, many emerging markets and developing economies’ (EMDEs) currencies have weakened sharply. Will these currency movements support the recovery of these economies? Building on a new dataset, […]

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IMF Managing Director Urges Further Action to Secure a Resilient Recovery

July 21, 2020 12:30 PM
IMF Managing Director Urges Further Action to Secure a Resilient Recovery

  Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the virtual meeting of the Group of 20 (G20) Finance Ministers and Central Bank Governors, chaired by Saudi Arabia: “Due to the continuing impact of the COVID-19 pandemic, the […]

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Bilateral Relations between Bosnia and Herzegovina and Greece are very good

July 17, 2020 6:00 PM
Bilateral Relations between Bosnia and Herzegovina and Greece are very good

Deputy Minister of Foreign Affairs of Bosnia and Herzegovina Josip Brkic and Secretary General of the Ministry of Foreign Affairs of  Greece Themistoklis Demiris led the delegations of the two ministries at the bilateral consultations held on Friday in Athens. During the consultations, it was stated that the bilateral relations […]

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Alfred Kammer appointed as IMF’s Director of the European Department

July 16, 2020 7:00 AM
Alfred Kammer appointed as IMF’s Director of the European Department

  Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to appoint Mr. Alfred Kammer as Director of the European Department. Mr. Kammer succeeds Mr. Poul Thomsen, whose retirement was announced previously. He is expected to begin his work in this capacity on August […]

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WHO urges strong COVID-19 Safety Measures as African countries to resume Air Travel

July 3, 2020 12:15 PM
WHO urges strong COVID-19 Safety Measures as African countries to resume Air Travel

      As African countries begin to reopen borders and air spaces, it is crucial that governments take effective measures to mitigate the risk of a surge in infections due to the resumption of commercial flights and airport operations. Many African governments acted swiftly, implementing confinement and travel restrictions […]

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EBRD supporting real Economy in Bosnia and Herzegovina with Five Million Euros

June 24, 2020 8:45 AM
EBRD supporting real Economy in Bosnia and Herzegovina with Five Million Euros

  Micro and small enterprises in Bosnia and Herzegovina will be able to draw on support from Mikrofin d.o.o. Banja Luka to overcome the economic impact of the coronavirus pandemic, thanks to a €5 million loan provided by the European Bank for Reconstruction and Development (EBRD). The financing will be used to offer short-term liquidity […]

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Average Salary in Republika Srpska is higher than in the Federation of Bosnia and Herzegovina

June 23, 2020 12:00 PM
Average Salary in Republika Srpska is higher than in the Federation of Bosnia and Herzegovina

  Republika Srpska Economy and Entrepreneurship Minister Vjekoslav Petricevic said that, thanks to the implementation of the entity’s law on economic incentives, “for the first time, the average salary in RS is higher than in the Federation of Bosnia and Herzegovina.” “According to published statistics, the average salary in Republika […]

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