Bosnia Economy

The Central Bank of Bosnia and Herzegovina (CBBH) revised its forecast for economic growth upward by 70 basis points to 3.4 percent in 2021 and 40 basis points to 3.4 percent in 2022 on May 24, citing the strong recovery in key indicators in the first quarter. According to the …

The COVID-19 pandemic has negatively affected all countries and global markets. In Bosnia and Herzegovina (BiH), disjointed health and political systems have not been able to adequately cope with the pandemic. COVID-19 has significantly slowed expected economic growth, disrupting the incomes and earnings of many people in Bosnia and Herzegovina …

It was painful to watch even if it was wrong. For an entire day, a young man wearing a white mask sat at the most frequent spot in Sarajevo’s largest shopping mall and shredded counterfeit 200 convertible mark (US $ 125) bills. Shredding money as an illustration of corruption. (Photo: …

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Vaccinated Saudis were allowed to leave the kingdom for the first time in more than a year on Monday as the country relaxed the ban on international travel aimed at containing the spread of the coronavirus and its new variants. Over the past 14 months, Saudi citizens have mostly been …

Belgrade, Serbia The Minister of Foreign Affairs of Bosnia and Herzegovina described relations with Turkey as “rich, intensive and constantly improving”. Bisera Turkovic met her Turkish counterpart Mevlut Cavusoglu in the capital Sarajevo on Wednesday. Addressing a joint press conference after the meeting, Turkovic thanked Turkey for helping Bosnia and …

The ministers agreed that relations between the two countries are excellent, noting the great potential for strengthening economic cooperation. In the strategic sense, Japan is considered one of the main trading partners and investors under the National Program for the Promotion of Investment and Internationalization of the Slovenian Economy 2020-2024. …

Another day, another “non-paper” in the Western Balkans. Hardly had the dust settled on a diplomatic dispute between Bosnia and Herzegovina and Slovenia over the content of a “non-paper” allegedly sent by Slovenian Prime Minister Janez JanÅ¡a to European Council President Charles Michel describing the in-depth redistribution of borders in …

Serbian President Aleksandar Vucic receives Chinese Sinopharm vaccine against COVID-19 at a health post in Rudna Glava, Serbia on April 6, 2021 via REUTERS / Zorana Jevtic. “We are ready to listen to any criticism,” Serbian President Aleksandar Vučić said regarding criticism of the state of democracy in his country …

Currently, there are approximately 2.6 million registered Afghan refugees worldwide. In 2020, Afghan refugees were the second largest group of asylum seekers in continental Europe, having fled Afghanistan for a variety of reasons including persecution, conflict, economic hardship and climate-induced displacement. Each person has a different reason, in many cases …

Aleksandar Vucic (dark costume), President of Serbia and Milorad Dodik (right), Serbian member of the Bosnian Presidency. Photo: EPA / Vladimir Stojakovic A high-level delegation from Serbia led by the President visited Banjka Luka, the administrative center of the Bosnian-Serb entity Republika Srpska, where President Aleksandar Vucic received the honorary …

New research suggests that migration patterns in at least some Western Balkan countries are more circular than previously believed. While the Western Balkans as a whole remains a region that suffers from the negative impact of external migration, or ‘brain drain’, a recent study by the Vienna Institute for International …