Thursday, July 3, 2008


SARAJEVO, Bosnia (July 3,2008) - "The way that Bosnia was presented in a report by the Forbes magazine is a disgrace", director of the Bosnian Foreign Investment Promotion Agency (FIPA) Haris Basic said yesterday.

In the latest Forbes list of best countries for business, Bosnia was ranked 101st among 120.

"The data presented by the Forbes magazine are in fact information from the World Economic Forum report on competitiveness, and contain many inaccuracies. Furthermore, Bosnia has significantly less than 4.6 million citizens that Forbes editors claim it has, which changes conclusions about the GDP per capita, and some other indicators," Basic said.

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