Recent negotiations with the IMF on the new program clearly show that it is not the Currency Board, per se, that is „crisis prone“. It is not following the necessary preconditions for its stability that will „kill it“. As we all know, it is the economic fundamentals and credibility that are the main „ingredients” for a sustainable Currency Board.
More specifically, we think that a sound banking system and fiscal discipline, as well as focus on structural reforms and convergence toward the EU are among the most important preconditions for a sustainable Currency Board and prosperous Bosnia and Herzegovina. ###  7 of 7