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Republic of Srpska Government adopts Guidelines for Economic Development of the Republic of Srpska

At its 205th session held on 22 November 2018, the Government of the Republic of Srpska adopted the Guidelines for the Development of the Economy of the Republic of Srpska.

The position of the Government of the Republic of Srpska is that the Guidelines should be the starting point for the preparation of the medium-term Development Strategy of the Republic of Srpska.
Based on the Guidelines and pending the completion of the Strategy, the Government instructed the line ministries to draw up the Action Plan for the implementation of the Guidelines within their respective competences.
As a reminder, on 10 December 2017, the Government of the Republic of Srpska and the Union of Employers' Associations of the Republic of Srpska concluded the Memorandum of Common Policies for the Period 2018-2020. One of the steps agreed in this document was drafting of the Guidelines for the Development of the Economy of the Republic of Srpska by continuing the initiated dialogue in direct discussions with the businessmen and representatives of the competent institutions of the Republic of Srpska and analyzing thoroughly the key economic sectors and proposing key measures to contribute to boosting technological development of the economy, exports and salaries of the employed.