1. Macroeconomic indicators in Bosnia and Herzegovina Kemal Kozarić, Ph.D. Governor of the Central Bank of Bosnia and Herzegovina Governor’s Club presentation – Istanbul, Turkey

2. Real GDP Growth Rates

3. Industrial production -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 20062007200820092010 BH

4. Export, Import and Trade Deficit (in KM billion) - 16.0 -14.0 -12.0 -10.0 -8.0 -6.0 -4.0 -2.0 0.00.0 2.02.0 4.04.0 6.06.0 8.08.0 2006 2007200820092010 ExportImportTrade deficit

5. Inflation -1.0% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 20062007200820092010 current/previous year influence of oil and food pricesinfluence of VAT

6. Unemployment rate

7. FX Reserves 4.225 5.452 6.699 6.296 6.212 6.458 0 1.000 2.000 3.000 4.000 5.000 6.000 7.000 8.000 200520062007200820092010 KM Millions FX Reserves

8. What are the perspectives of Bosnia and Herzegovina economy in the future Resources: Bosnia and Herzegovina has considerable potential when it comes to the energy sector - only 39% of water resources used; Production of healthy food; Significant tourist potential; Wood industry to a greater degree of processing; Metal industry with a change of focus from export of raw materials to production and export of semi and finished products; Support to SMEs; Continued privatization (a significant proportion of state ownership in the telecommunications sector, energy sector and public enterprises). 8

9. THANK YOU! http://www.cbbh.ba 9