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Central bank governor says Bosnia still in crisis, recovery expected in 2011.

BBC Monitoring International Reports

| August 18, 2010 | COPYRIGHT 2001 BBC Monitoring. (Hide copyright information)Copyright

Text of report by Bosnian wide-circulation privately-owned daily Dnevni avaz, on 13 August

[Interview with Kemal Kozaric, governor of the Central Bank of Bosnia-Hercegovina, by Tarik Lazovic; place and date not given: "Crisis Is Not Yet Over, Recovery Not Before 2011"]

Bosnia-Hercegovina [B-H] is still far away from the end of the crisis, although the latest indicators show that there has been some growth in the industrial production in Bosnia-Hercegovina, Kemal Kozaric, B-H Central Bank governor, has told Dnevni Avaz.

"The data referring to the first half of this year indicate the industrial growth of 4.2 per cent at the B-H level; the growth in the B-H Federation is 2.5 per cent and in the Serb Republic it is 7 per cent. For the same period, we also had the growth in the export of 32 per cent and the import increased by 4.5 per cent. However, all this does not mean that the crisis is over; this is the result of the …

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