“Šoškić might not be preferred NBS candidate”

New Serbia Director Borislav Borović said that known candidate to become the next NBS governor Dejan Šoškić might not be the preferred choice.

Izvor: FoNet

Sunday, 06.06.2010.

14:43

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New Serbia Director Borislav Borovic said that known candidate to become the next NBS governor Dejan Soskic might not be the preferred choice. He also said that the “slow process of electing the new National Bank of Serbia (NBS) governor can be seen as a juvenile policy and as a sign of economic irresponsibility by the governing regime.” “Soskic might not be preferred NBS candidate” He said that Soskic prefers a flexible exchange rate of the domestic currency, which could “disqualify him as a desired candidate for this position.” Borovic said that “the Serbian government intends to defend the exchange rate at all costs by pumping euros into the Serbian foreign currency reserve, which was a strategy agreed on in the negotiations with the International Monetary Fund.” “That is why the speculations are real that the NBS governor would be someone who is closer to that concept,” he said, adding that one of the candidates being mentioned is Delta company Vice-President Milka Forcan. Borovic said that she would fit the government’s criteria regarding “the defense of the dinar’s rate, regardless of the price that the Serbian economy would pay.”

“Šoškić might not be preferred NBS candidate”

He said that Šoškić prefers a flexible exchange rate of the domestic currency, which could “disqualify him as a desired candidate for this position.”

Borović said that “the Serbian government intends to defend the exchange rate at all costs by pumping euros into the Serbian foreign currency reserve, which was a strategy agreed on in the negotiations with the International Monetary Fund.”

“That is why the speculations are real that the NBS governor would be someone who is closer to that concept,” he said, adding that one of the candidates being mentioned is Delta company Vice-President Milka Forcan.

Borović said that she would fit the government’s criteria regarding “the defense of the dinar’s rate, regardless of the price that the Serbian economy would pay.”

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