Economic Overview

The annual GDP of Republika Srpska in 2007 was around €3.7 billion which amounts to an annual growth rate of 6.5%. In 2008 GDP was expected to grow even faster, at 7.2%, but this did not take into account the global financial situation at the end of the year so this figure will most likely be revised.

Public expenditure by the government of Republika Srpska is less than 40% of GDP and in the last few years a series of privatisations and foreign direct investment projects have raised over €1 billion. The largest of these was the privatization of Telekom Srpska, the former state-owned telecommunications operator which was sold for €646 million. Of these funds 53% is to be used in investment programmes and 47%, for social and economic programmes.

News

02/07/2010

EU funding training session takes place in Republika Srpska

EU funding training session takes place in Republika Srpska

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17/06/2010

Republika Srpska Representation Director on Panel at conference on Regional Cooperation with keynote speech by Commissioner for Enlargement, Štefan Füle.

Republika Srpska Representation Director on Panel at conference on Regional Cooperation with keynote speech by Commissioner for Enlargement, Štefan Füle.

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09/06/2010

Milan Jelic Foundation Director from Republika Srpska attends Foundation Week in Brussels

Director of the Milan Jelic Foundation from Republika Srpska, Mrs. Tanja Đaković attended the first fair of European Foundations in Brussels entitled ‘Foundation Week’.

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13/04/2010

Republika Srpska Signs Cooperation Agreement with the Italian Region of Friuli-Venezia Giulia

Republika Srpska Signs Cooperation Agreement with the Italian Region of Friuli-Venezia Giulia

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09/12/2008

AER Breakfast Briefing

On December 9th 2008 Republika Srpska hosted a Breakfast Briefing of AER.

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