Post Tagged with: "#economy"

Indictment issued against Three Persons for Migrants Smuggling

May 14, 2020 8:45 AM
Indictment issued against Three Persons for Migrants Smuggling

    Prosecutor of the Special Department for Organized Crime, Economic Crime and Corruption has issued an Indictment against Ahmed Ghabir Mahmud Fethallah, born in 1991 in Egypt, Alan Durakovic, born in 1997 in Bihac and Amir Bakrac, born in 1997 in Bihac. These accused persons are charged with acting […]

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Exclusive Interview with Ambassador of Spain to Bosnia and Herzegovina, His Excellency Mr. José María Valdemoro Giménez,

May 8, 2020 8:00 PM
Exclusive Interview with Ambassador of Spain to Bosnia and Herzegovina, His Excellency Mr. José María Valdemoro Giménez,

    His Excellency Mr. José María Valdemoro Giménez was appointed as ambassador of Spain to Bosnia and Herzegovina at the session of the Council of Ministers held on May 11th, 2018. Born in Trubia, Asturias, on March 24th, 1951, Mr. Valdemoro Giménez joined the diplomatic service in 1979. His […]

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UK Political Coordinator the UN: We’ve been pleased to see the Problems of Blockages in Bosnia and Herzegovina can be overcome

3:15 PM
UK Political Coordinator the UN: We’ve been pleased to see the Problems of Blockages in Bosnia and Herzegovina can be overcome

  “As the High Representative makes clear, Bosnia and Herzegovina, like nearly every other country, is battling the COVID-19 pandemic. We have been impressed with the discipline and solidarity shown by the authorities in undertaking this immense and ongoing task, and welcome the political and institutional leaders’ sense of unity […]

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Bosnian Minister of Foreign Trade offered his Resignation after being present at Party during Coronavirus Pandemic

2:00 PM
Bosnian Minister of Foreign Trade offered his Resignation after being present at Party during Coronavirus Pandemic

  The Minister of Foreign Trade and Economic Relations of Bosnia and Herzegovina Stasa Kosarac, addressed the public via social networks. “After very negative reactions from the public and many citizens, and criticism directed at me by the President of the SNSD, Milorad Dodik, but also by my numerous party […]

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Retail Trade Prices decreased by Eleven Percent in Bosnia and Herzegovina

1:15 PM
Retail Trade Prices decreased by Eleven Percent in Bosnia and Herzegovina

  The total seasonally adjusted retail trade turnover in Bosnia and Herzegovina in March, observed in current prices, decreased by 11.8 percent compared to February this year, according to BiH’s Agency for Statistics. The turnover in the trade of food products (food, beverages and tobacco products) increased by 1.8 percent, […]

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Remarks by High Representative Valentin Inzko to the United Nations Security Council

May 7, 2020 12:15 PM
Remarks by High Representative Valentin Inzko to the United Nations Security Council

    “As I noted in my report, Bosnia and Herzegovina, like most of our countries, is currently in the midst of the COVID-19 pandemic. While it is still too early to make a thorough assessment, I am pleased to report that so far, the country has apparently managed to […]

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Bosnia and Herzegovina to borrow  400 million BAM for Urgent Fiscal Needs

May 6, 2020 5:30 PM
Bosnia and Herzegovina to borrow  400 million BAM for Urgent Fiscal Needs

  House of Peoples of the Federal Parliament has adopted a decision to borrow  400 million BAM for urgent fiscal needs as part of efforts to curb the spread of coronavirus under the International Monetary Fund’s (IMF) Rapid Financing Instrument (RFI). “Out of those 400 million BAM, 200 million BAM […]

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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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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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Across the World, Financial Conditions have tightened Dramatically

April 23, 2020 1:00 PM
Across the World, Financial Conditions have tightened Dramatically

  Challenging times for emerging markets The COVID-19 pandemic has severely disrupted the global economy at every level. Across the world, financial conditions have tightened dramatically, with unprecedented portfolio outflows from emerging markets in terms of both size (a record of about US$100 billion) and speed, and markets effectively frozen […]

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