Senad Softić: Regional economic perspectives for Europe

Speech by Mr Senad Softić, Governor of the Central Bank of Bosnia and Herzegovina, at the first Europe-wide International Monetary Fund Regional Economic Outlook, Sarajevo, 13 November 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Central bank speech  | 
23 January 2018

It is my pleasure to welcome you to premises of the Central Bank of Bosnia and Herzegovina today for presentation of the First Europe-wide IMF Regional Economic Outlook. Thank the IMF for choosing Bosnia and Herzegovina for such event.

We are meeting today at a good time for Europe and Bosnia and Herzegovina. Economic growth is gaining strength. In the Euro area, growth is expected to remain about 2 percent in 2018. Inflation, big concern for us central bankers, is expected to remain stable in 2018.

In Bosnia and Herzegovina, growth was 3.1 percent in 2016. We expect the recovery to continue.