Summit of National Bank

Governors, Finance
Ministers and Tax
Administration Directors
of the Region
„Financial and Monetary
Stability in the Region
Ten Years after the
Global Financial Crisis“

Hotel Splendid
Becici, Montenegro
June 14-16, 2018
.
 Participants' arrival
June 14, 2018

20.00 – 22.00 • welcome cocktail (terrace on the 3th floor)

Summit
15, June 2018

FINANCE MINISTERS' PANEL

FISCAL CONSOLIDATION AND ECONOMIC GROWTH
Topics
• Fiscal consolidation effects and measures for the further stabilization of
public finances in the countries of the region in the medium and long
term
• Can public finances be healthy without speedier economic growth?
• Public investments as a mover of economic growth
• The IMF – desirable or necessary partner
• Measures to lower public debt – regional experiences
• Structural reforms and public finances
• The gray economy – enemy No 1 to public finances
• Tax and duties policy in the region
• The cost of debt – the good effects of low interest rates
• The influence of external shocks on public debt
• reducing labor tax burdens – desire or possibility
• The effects of European integration on regional public finances
• A balanced budget – choice or fate

9.00 – 9.30 • welcome coffee and registration of participants

9.30 – 9.45 • keynote speech:
Darko Radunovic, Finance Minister Montenegro
Aleksandar Vlahovic, President Serbian Association of Economists

9.45 – 11.40 open dialogue

11 .40 – 12.00 questions from the audience

• Darko Radunovic, Finance Minister Montenegro

• Dusan Vujovic, Finance Minister Serbia
• Zdravko Maric, Finance Minister Croatia
• Arben Ahmetaj, Finance Minister Albania
• Vjekoslav Bevanda, Vice-Chair Council of Ministers and Minister
of Finance and the Treasury B&H
• Dragan Tevdovski, Finance Minister Macedonia
• Mateja Vranicar Erman, Finance Minister Slovenia
• Bedri Hamza, Finance Minister Kosovo*
 • Jelka Milicevic, Finance Minister Federation B&H
• Zoran Tegeltija, Finance Minister Republika Srpska
• JTI representative

Moderator: Milan Culibrk, editor in chief NIN

12.00 – 12.30 • coffee break

TAX ADMINISTRATION CHIEFS'S PANEL

TAX ADMINISTRATION REFORM, BETTER PUBLIC

INCOME COLLECTION AND THE FIGHT AGAINST THE
GRAY ECONOMY

Topics

• Reform and modernization of tax administration – the No 1

priority for the countries of the region
• Efficiency of the tax administration – regional experiences
• Regional cooperation in the fight against all forms of gray
economy
• Better collection of public income from all taxpayers to
achieve lesser tax burden on all who pay taxes and duties
regularly
• The role of tax administrations in the fiscal consolidation and
stabilization of public finances in the countries of the region
• Big taxpayers and the tax administration
• The importance of reforming public companies to ease the job
of the tax administration
• Excise products – the biggest challenge to the region's tax
administrations
• The effects of European integration on the tax administration
• Reform of the public sector – the role and importance of the
tax administration
• Solving the debt problem with big taxpayers
• The importance of educating taxpayers

12.30 – 12.40 • Welcome remarks: Miomir Mugosa, Director TA Montenegro

12 .30 – 14.00 open dialogue

• Miomir Mugsa, Director TA Montenegro

• Dragana Markovic, Director TA Serbia
• Vasilika Vjero, Director TA Albania
• Zdravko Zrinusic, Director TA Croatia
• Jana Ahcin, Director TA Slovenia
• Sanja Lukarevska, Acting Director TA Macedonia
• Zora Vidovic, Director Tax Administration Republika Srpska
• Miro Dzakula, Director Indirect Taxation Administration B&H
• Sakip Imeri, Director TA Kosovo*
• Slobodan Vukoja, acting Director TA Federation B&H
• JTI representative
 Moderator: Milan Culibrk, editor in chief NIN

14.00 – 15.30 • Lunch

Summit – 16, June 2018

GOVERNORS' PANEL

MONETARY POLICY AND THE STABILITY OF THE BANKING

SYSTEMS IN THE COUNTRIES OF THE REGION – A DECADE
AFTER THE LEHMAN BROTHERS' BANKRUPTCY

Topics

• The greatest challenges for central banks in the medium and long
term
• The effects of FED and ECB monetary policy on the countries of the
region
• Record low inflation – reason for celebration of concern
• Solving bad loans as a condition to increase bank credit activity –
regional experiences
• The stability of the banking system – prevention or treatment
• How exposed the region is to outside shock
• Interest rates on savings and loans in 2018
• Are savings profitable with record low interest rates?
• Does the region need the IMF – governors' view?
• Regional cooperation among central banks
• Good and bad sides to depreciation/appreciation of local currency

9.00 – 9.30 • Participants' registration and coffee

9.30 – 9.40 • welcome remarks : Radoje Zugic, Governor Central bank Montenegro

9.40 – 11.40 open dialogue

11 .40 – 12.00 questions from the audience

• Radoje Zugic, Governor Central bank Montenegro

• Jorgovanka Tabakovic, Governor National Bank of Serbia
• Gent Sejko, Governor Bank of Albania
• Dimitar Bogov, Governor National Bank of Macedonia
• Boris Vujcic, Governor Croatian National Bank
• Senad Softic, Governor Central Bank B&H
• Bostjan Jazbec, Governor Bank of Slovenia
• Fehmi Mehmeti, acting Governor Central Bank of Kosovo*

Moderator: Milan Culibrk, editor in chief NIN

* This designation is without prejudice to positions on status, and is in line with UNSC 1244 and the
ICJ Opinion on the Kosovo declaration of independence .