prijava
BANJA LUKA, March 16 (FENA) - Member of the Presidency of Bosnia and Herzegovina, Milorad Dodik announced that he would propose at today's BiH Presidency session that the State Central Bank reduce the minimum reserve requirement from 10 to 5 percent, thereby releasing the necessary funds of 2.5 billion KM for the liquidity of the banks to support the economy and the public sector.
He expects the other two members of the BiH Presidency to respond positively to the proposal. He also advocates for the reduction of the negative interest rate on deposits.
He said it was possible for the International Monetary Fund (IMF) to approve 200 million euros, 100 million each for the two BiH entities.
He once again said that "as a response to coronavirus epidemic, the BiH Armed Forces will help to erect tents (quarantine) at the BiH border crossings, and all other processes will be managed by the entity services in accordance with their respective competencies."
He said that there was no room for panic, but that we should be concerned and that all citizens are responsible to comply with the measures of competent health care institutions and announced that he would seek to tighten sanctions, and fines against those who fail to comply with the given instructions.
Dodik today attended a meeting in Banja Luka of the entity officials with representatives of the banking sector.
"The banking sector is stable, with liquidity and ready to preserve the economic potential of the RS entity," said Prime Minister Radovan Višković, who is also chairman of the staff for the monitoring of the adverse effects of the coronavirus on the economy in RS.
In the coming period, he says that commercial banks and the Banking Agency will introduce concrete measures for businesses and citizens.
Višković said the sector is also able to help the entity budget to avoid running into problems with liquidity.
(FENA) S. R.
