The Central Bank of Bosnia and Herzegovina (CBBH) reported that Governor Jasmina Selimovic participated in the “Economic Dynamics in a Turbulent World” panel at the IGES 2025 conference in Sarajevo, outlining how central banks are expected to act as anchors of stability amid heightened geopolitical and economic uncertainty. In her remarks, Selimovic argued that economic policy needs to remain flexible but consistent in the face of geopolitical tensions, energy instability and technological disruption, and that central banks’ role now extends beyond monetary stability to providing trust, clarity and predictability. She highlighted the impact of escalating trade tensions and unpredictable political decisions on global resilience and smaller, open economies such as Bosnia and Herzegovina, and stressed timely responses and international cooperation. For the CBBH, she pointed to preserving the currency board, ensuring monetary stability and managing foreign exchange reserves as core priorities, while noting that the domestic financial system has shown resilience due to high bank liquidity, good capitalization and reliance on domestic funding, alongside vulnerabilities linked to openness and dependence on global flows.
Central Bank of Bosnia and Herzegovina 2025-05-22
Central Bank of Bosnia and Herzegovina Governor sets out proactive role for central banks at IGES 2025 panel
Governor Jasmina Selimovic of the Central Bank of Bosnia and Herzegovina emphasized central banks' evolving role as stability anchors amid uncertainty at the IGES 2025 conference. She highlighted the need for flexible economic policies, international cooperation, and timely responses to trade tensions. Selimovic underscored CBBH's priorities, including preserving the currency board and managing foreign exchange reserves, while noting the domestic financial system's resilience and vulnerabilities.