Republika Srpska Prime Minister Zeljka Cvijanovic and her Federation counterpart Fadil Novalic held joint meetings this week, in which they discussed coordination on reforms and harmonization of regulations across the entities.
“We want to harmonize regulations as far as possible, or at least bring them closer in cases where the harmonization is impossible due to the different constitutional structures and competences,” a statement quoted Cvijanovic as saying said.
“This is a new page in the economy of Bosnia and Herzegovina and we have to dedicate ourselves to the harmonization of the regulations and endorsement of capital growth through investments,” the same statement cited Novalic as saying.
The two leaders told the media that the meeting discussed Bosnia’s new coordinating mechanism for EU projects, which has been blocked for years by political strife, as well as other details of the country’s reform agenda.
Such coordination will be crucial to the negotiation of new agreements with the IMF and World Bank. Without international loans, both entities will be at risk. PM Cvijanovic reiterated in the meetings, however, that the RS economic plan was fully aligned with the EU-mandated reform agenda.
