Branko Mikulič

Politician. He served as the 26th Prime Minister of Yugoslavia from May 15, 1986 to March 16, 1989. He was also 6th Prime Minister of Bosnia and Herzegovina. He served from 1967 to 1969. Prior to becoming prime minister of Yugoslavia, he served as 3rd President of the Presidency of SR Bosnia and Herzegovina from April 26, 1982 to April 26, 1983. This helped propel him in Yugoslavia politics. Shortly, he was then nominated by the Yugoslav presidency as successor to Prime Minister Milka Planinc in January of 1986. He is best remembered for his failed economic policies and union strikes. He devalued the dinar by 25% on 17 November 17. 1987. No confidence votes and more strikes erupted nationwide. He resigned as prime minister on December 30, 1988 and returned to Sarajevo. His government then became the first and only to resign in the history of communist Yugoslavia. He left Yugoslavia with 21 billion USD of debt to Western countries.