Tegeltija: Imposed measures affected the economy, a strong response will be needed

(Patria) - Chairman of the Council of Ministers of BiH Zoran Tegeltija participated today via video link in a regular meeting of the Dutch-Belgian constituency of the World Bank and the International Monetary Fund /IMF/.

The meeting was dedicated to current economic and financial topics caused by the COVID-19 pandemic, and in that context, the economic development and financial stability of the member countries of that group.

On this occasion, Chairman Tegeltija informed the attendees that all levels of government in BiH reacted adequately to the appearance of the virus and took timely measures to primarily protect the lives and preserve the health of citizens, which yielded adequate results, and emphasized that it can be said that the health and epidemiological situation in BiH is under control.

He pointed out that all measures taken by the authorities in BiH, as well as the countries of the region and the EU as BiH's most important foreign trade and economic partners, have a strong impact on BiH's economy, which will require a strong response. In this regard, Chairman Tegeltija said that the support of the World Bank and the IMF will be very significant in defining and implementing measures necessary to support the health sector, and to stimulate economic activity and restore jobs.

At the meeting, the Chairman of the Council of Ministers expressed hope that conditions will be created for holding a new meeting of the Constituency at the end of June 2020 in Sarajevo, emphasizing that the meeting will contribute to further strengthening and improving good cooperation.