Acting Director of FIPA at a meeting with the Governor of the Central Bank of Bosnia and Herzegovina

Acting Director of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA), Marko Kubatlija, together with his associates, hald a meeting with the Governor of the Central Bank of Bosnia and Herzegovina, Jasmina Selimović, and Vice Governors Željko Marić and Ernadina Bajrović. 

Mr. Kubatlija emphasized the importance of good cooperation with Central Bank of Bosnia and Herzegovina, since FIPA in its daily work uses its data on the inflow of foreign direct investments, the state and flows, the countries investors, the sectors of investments, macroeconomic indicators, when preparing the review, information and analysis, as well as when carrying out promotional activities.

They also discussed the problem that FIPA faces in its daily work, that was pointed out by the FIPA Steering Board related to data on companies that have invested in BiH, which is not published by the Central Bank.

These data would enable additional analysis and more adequate preparation of materials that are sent to the Council of Ministers of Bosnia and Herzegovina for adoption with a proposal for improving the business environment and removing certain business barriers.

Vice Governor Marić pointed out that the Central Bank currently has only aggregated data, but that they are working on improving their statistics and harmonizing them with EU standards, and that they will try to solve the mentioned problem in the upcoming period.

Governor Selimović suggested the signing of a Memorandum on Cooperation between the two institutions so that the existing successful cooperation would also have a formal framework.