CBBH Governor SoftiA attends annual meeting of IMF and World Bank.

From October 12 until October 14, 2018, Governor of the Central Bank of Bosnia and Herzegovina, Senad Softic is attending the Annual Meeting of the International Monetary Fund (IMF) and World Bank (EB), which is taking place this year in Nusa Dua, Indonesia.

As an Acting Governor in the World Bank during this year's Annual Meeting, by authorization of the Chairman of the Council of Ministers of Bosnia and Herzegovina, Denis Zvizdic, Governor Softic is attending series of meetings with officials from the IMF, WB, as well as, from other international financial institutions.

One of meetings which should be specifically mentioned was the Plenary Session of the Annual Meeting of the IMF and WB, which was focused on the need to improve cooperation at the global level and on need to set up the new form of multilateralism with the goal to take on the global problems more efficiently, such as poverty, global warming and other problems which none of countries can efficiently deal with individually. Key message was that the time has come to stop rivalry and competition and, instead, to shift focus on investment in human resources, education, acquiring of skills and strengthening of the health and social protection system.

In addition to the plenary session, Governor Softic also attends the regular meeting of the Dutch-Belgian Constituency of the IMF and the WB to which Bosnia and Herzegovina belongs, on which the topics discussed at...