While the state of the Great in trouble, the majority of low-income population tries to connect an end with the end, the total amount of money saved is approaching the Astronomical Ciff of 34 billion KM.
According to the Central Bank of BiH, at the end of February, total deposits amounted to KM 33.83 billion. They have been reduced to government institutions, private companies and non-financial public companies, but also increased by the citizens in Kokuzno February by 329.7 million, and in the past year by 1.68 billion KM.
Privileged class
– In these accounts, most of the money is a privileged class or caste – says professor at the Department of International Finance and Banking at the University of Burch Sanel Halilbegović.
That it is a huge potential, which could be focused in the development of the economy, instead of losing its value in the accounts, it is clear and those who are not economic and financial experts. However, Professor Halilbegović says that “should not be invoked,” because there is no legal, especially not economic and investment framework, in order to focus in key projects.
Numerous projects
– We could be, the example, the projects of the construction of the highway towards Tuzla or Krajina. Something that would have added value and refund in terms of investment. Currently the only way to place these funds is investing in real estate. If I were in the place of those who decide, I would urgently establish such a framework and climate that would promote investment of domestic people who have money. With a special set of laws that should also deal with the origin of money, because the huge confusion was created to in such a poor country, where people are lived worse than five or 10, we have so many money by deposits – Halilbegović emphasizes.
It concludes that the existing framework in BiH goes order only to banks, which do not have the opportunity anywhere in the world, and and and for services that are in European countries or USA, they are generated by enormous profits, writes Avaz.
