The Office of the High Representative in BiH (OHR) has reaffirmed claims by RS officials, this time related to the work of the BiH Central Bank, which is said to have been established as a joint entity bank.
Among other things, the OHR referred to the claim that the High Representatives in Bosnia and Herzegovina had transferred the management of the Central Bank of BiH to state institutions, and that according to the BiH Constitution, the Presidency is the supervisory body.
“The Central Bank has never been an inter-entity institution, nor has the High Representative ever passed a law on its status. The Central Bank of BiH is a state institution established by Annex 4 of the General Framework Agreement for Peace in BiH (BiH Constitution),” the OHR said.
Earlier, Member of the Presidency of Bosnia and Herzegovina (BiH), Milorad Dodik held a press conference in East Sarajevo yesterday, where he spoke about the crisis between Russia and Ukraine and economic problems in Europe.
On that occasion, he quoted Otto von Bismarck: “The strength of the Russians can only be undermined if Ukraine separates from it, and not only if they separate, but they must be opposed,” Dodik believes that this is exactly the policy pursued by the West, but not only in Eastern Europe but also in the Western Balkans.
Further, he then moved on to the economic part of the presentation, where he said that current tensions are putting additional pressure on the economy in Europe. He states that the entire continent could fall into crisis and that is why the Central Bank of BiH should use the monetary reserve in convertible marks.
“I have several important proposals here. Economic policies should be devised within the entities. There is a serious reserve in the Central Bank BiH, which shows that there is 400 million euros more than we have in the issue… This should be used urgently to form commodity reserves,” he noted.
