Bosnia and Herzegovina – and therefore also Republic of Srpska as one of its two entities, has been marked as a country which achieved the major improvement in implementation of the transitional reforms, and therefore has switched from the post conflict phase, to the group of countries in transition. European Bank for Reconstruction and Development, in its report for 2004, confirmed the accomplishment of the microeconomic stability.The 10% tax rate of capital gains tax and income tax are the lowest in Europe and highly stimulating for the foreign investments.
Creating the independent and vital economy in Republic of Srpska, i.e. BiH, which will achieve competition in both regional and international terms, is the most important priority in the following Mid-term period.
The currency of Srpska is Convertible Marka (Konvertibilna marka - KM).
The International Banking Code (ISO CODE) for the Convertible Marka is BAM.
The numeric code is 977.
1 konvertibilna marka = 100 fening
Parity: 1 Konvertibilna Marka = 0,51129 Euro.
The import and export of all currencies is free.

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