Announcements

Zvizdić – Indrawati: To Strengthen Business Ambience and to Employ Youth

Announcements

04/17/2016

Vijeće ministara Bosne i Hercegovine

Chairman of the Council of Ministers of BIH Dr Denis Zvizdić talked today in Washington with Director of the World Bank Sri Mulyani Indrawati and Vice President of the World Bank for Europe and Central Asia Cyril Muller on the World Bank support to reform processes in Bosnia and Herzegovina. 

He informed the World Bank representatives on the current situation in BIH in the light of development and implementation of the Reform Agenda. He added that the reform moves already start to give results, emphasising that Bosnia and Herzegovina has submitted a credible application for the EU membership.. he mentioned among current priorities are the accelerated moving along the Euro-Atlantic road of BIH, creation of more conducive business environment and youth employment, including strengthening of rule of law and security.

Director Indrawati congratulated to Chairman Zvizdić for fulling the EU application and expressed her support to reforms. She said that the reform implementation is a difficult task which eventually brings about good results. She said htat the World Bank, in cooperation with other financial institutions will monitor BIH reform moves and assist in is implementation. She said that reform measures should be designed so as to strengthen business ambience with simultaneous protection of the most vulnerable categories of citizens. She stressed that it is a precondition for job generation and youth employment.

Chairman Zvizdić thanked to the World Bank for tis support to Bosnia and Herzegovina to date, stressing that the World Bank projects has contributed to improvements in all areas, among them in strengthening of institutions’ fiscal discipline, in particular  he added that Bosnia and Herzegovina works on substantial reforms in all areas of activities, for which it requires financial support, as well as expertise, so he invited th World Bank to intensify its activities  in Bosnia dn Herzegovina.

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