Friday, January 23, 2009

BiH's economic growth three to four percent


In Bosnia-Herzegovina in 2009. year can be expected prepolovljavanje growth of gross društevnog products in three to four percent, judged the head of the World Bank office in Sarajevo Marko Mantovaneli, adding that this year must be used to consolidate the budget. "Here, first of all, I think the social transfer of war veterans and damaged in the war," said Mantovaneli. He added that Bosnia-Herzegovina, due to the low level of industrialization, since the end of the war and low imports relatively little earned from foreign trade, because the negative effects found in the borders. Mantovaneli in an interview with Austrian daily Virtšaftsblat "stressed that the priority of both entities in the past months been maintaining stability and liquidity of the banking sector and that it was successful. "On the banks in BiH are not passive equity, a negative is that the loans do not give nearly. In foreign hands was 92 percent of the banking system, a major bank stifled its subsidiaries are giving loans," said Mantovaneli. He said that the World Bank evaluated positively the relatively low public sector debts, and foreign debts.

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