HR/EUSR Hails Independence of Central Bank of BiH

High Representative and EU Special Representative Miroslav Lajčák visited the Central Bank of Bosnia and Herzegovina today and met with Governor Kemal Kozaric. HR/EUSR Lajčák and Governer Kozaric discussed the role and importance of the BiH Central Bank in preserving currency and price stability and thereby contributing to the country’s macroeconomic stability.

The Central Bank is one of the success stories of Bosnia and Herzegovina. The enormous confidence in the KM, and the increase in international reserves of the Central Bank are testament to this success,” Lajčák said.

He added that “confidence is difficult to gain but very easy to lose in the financial world. The Central Bank has gained an excellent reputation over the last decade. I believe that the main elements of the Central Bank’s success are the professionalism and its independence from politics. Therefore, it should not become subject to political debate.”