The Central Bank of Bosnia and Herzegovina hosted a delegation from the National Bank of Austria (Oesterreichische Nationalbank, OeNB) to deepen long-standing cooperation between the institutions’ analytical departments, with a focus on exchanging views on monetary policy strategy and macroeconomic research. OeNB Chief Economist Birgit Niessner presented the key elements of the European Central Bank’s revised monetary policy strategy and shared perspectives on current and expected macroeconomic trends and risks for the global economy and the euro area. The exchanges highlighted the relevance of understanding the objectives and tools of the anchor-currency central bank for a currency board regime such as Bosnia and Herzegovina’s, including for domestic policy calibration and the central bank’s investment policy. Discussions also covered the expected macroeconomic effects of the new Growth Plan for the Western Balkans, inflation drivers and measures, currency board performance, the domestic labour market, competitiveness, remittances, and financial system stability. The interactive sessions, hosted by the Central Bank of Bosnia and Herzegovina’s Office of the Chief Economist, compared staff assessments with OeNB views and findings from OeNB’s survey work on Central and South-Eastern Europe, including Bosnia and Herzegovina. The central bank indicated that more intensive cooperation between the two institutions is planned.
Central Bank of Bosnia and Herzegovina 2025-07-09
Central Bank of Bosnia and Herzegovina deepens economic research cooperation with the National Bank of Austria
The Central Bank of Bosnia and Herzegovina hosted a delegation from the National Bank of Austria to enhance cooperation on monetary policy strategy and macroeconomic research. Discussions included the European Central Bank’s revised monetary policy strategy, macroeconomic trends, and the implications for Bosnia and Herzegovina's currency board regime. The central bank plans to intensify collaboration with the National Bank of Austria.