Sunday, September 16, 2007

BOSNIAN PRIME MINISTER MET WITH MMF OFFICIALS

SARAJEVO, Bosnia (September 16,2007) – The Bosnian Prime Minister Nikola Spiric informed in Sarajevo the International Monetary Fund (IMF) Head of the Dutch Constituency Age Baker and the MMF Head of the SE Europe Sector Dimitri Demekas on the interior political situation in the sector of Bosnia's cooperation with the International Monetary Fund.

Spiric emphasized that the consequences of non-adoption of the April package of reforms can now be seen. He added that the existing Bosnian constitutional structure is able to absorb the three EU principles of the police reform.

The MMF officials were interested in the possibilities of the bank supervision unification. Spiric said that one acceptable solution would be that the Bosnian Central Bank gets a stronger role in the sense of coordination with the entity banking agencies.

Spiric informed the guests that the economic trends analysis for the first 6 months of 2007 showed that there is a growing trend of Bosnian economy.

The MMF officials announced participation of the Bosnian Prime Minister at the annual meeting of the World Bank and the MMF. The meeting is to take place in October 2007 in Washington,USA.

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