Bosnia Central Bank delegation holds high-level discussions with IMF and World Bank in Washington

The discussions focused on current macroeconomic trends, the reinforcement of financial and monetary stability, and the continued collaboration between Bosnia and these two prominent international financial institutions.

During sessions with the IMF, the CBBiH delegation conferred with Deputy Managing Director Bo Li. Governor Selimovic offered her perspective on future economic trajectories amidst the heightening impact of geopolitical tensions on the global economy. In turn, Mr Li outlined an initiative to establish the South East European Technical Assistance Centre (SEETAC) in Rome, inviting active participation from Bosnia and Herzegovina. IMF officials, including Director for Europe Alfred Kammer and Executive Director Jeroen Clicq, underscored that the centre would provide Western Balkan nations with vital technical assistance, training, and advisory support, thereby strengthening institutional capacities in monetary policy and financial supervision.

The delegation also engaged with World Bank representatives, including Executive Director Eugene Rhuggenaath and Antonella Bassani, Vice President for Europe and Central Asia, to discuss ongoing support for economic reforms and development projects.

Governor Selimovic briefed the officials on efforts to modernise the financial sector in Bosnia, specifically regarding the country's aspiration to join the Single Euro Payments Area (SEPA). She emphasised the value of the Reimbursable Advisory Services (RAS) project and the broader support provided by the World Bank during this transition.

Over the coming days, the delegation, which includes Vice Governor Emir Kurtic and Governing Board members Mirza Krso and Darko Tomas, is scheduled to hold further bilateral meetings focusing on financial education, digital fraud, and other pressing fiscal matters.