VIPOTNIK: REPUBLIKA SRPSKA SECURE INVESTMENT ENVIRONMENT

BANJA LUKA, MARCH 28 /SRNA/ – The issuance of Republika Srpska's first benchmark bond on the international financial market, with demand significantly exceeding supply, proves that Srpska is an attractive and safe place for investment, which is recognized globally, Minister of Spatial Planning, Construction and Ecology Bojan Vipotnik has stated for SRNA today.

Commenting on the bond auction on the London Stock Exchange, Vipotnik stressed that the Government and political leadership of Republika Srpska are reliable partners who guarantee stability and steady economic growth even in times of global crisis. "Funds have been secured just ahead of the start of the construction season and a new investment cycle, which will accelerate the implementation of planned projects," Vipotnik said. He added that the increase in the minimum guaranteed wage and the upcoming rise in public sector salaries, along with secure pension and social benefit payments, as well as a package of measures supporting the real sector and agriculture, clearly demonstrate that the Government of Republika Srpska has the strength and wisdom to ensure stability and improve the material position of its citizens even in these challenging times and amid a complex global environment. Republika Srpska has successfully completed borrowing on the international capital market through the issuance of a benchmark Eurobond worth EUR 500 million, with a fixed interest rate of 6.25 percent and maturity in April 2031.