Bosnia and Herzegovina: Request for Extended Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Bosnia and Herzegovina

International Monetary Fund

No 2016/291, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses Bosnia and Herzegovina’s request for an Extended Arrangement Under the Extended Fund Facility. Growth in Bosnia and Herzegovina was 3.2 percent in 2015, despite fiscal consolidation as a result of financing constraints, and is expected to be about the same in 2016. The authorities adopted a comprehensive reform agenda in early 2015 that aims to address tepid growth and high unemployment in a sustainable manner. Given the commitment by the authorities at all levels to steadfastly implement their program and to adjust policies as circumstances change, the IMF staff expects the economy of Bosnia and Herzegovina to progress in dealing with its present challenges. The IMF staff supports the authorities’ request for an extended arrangement.

Keywords: ISCR; CR; authority; agenda; reform; private sector; SDR; BiH authorities; WB debt resolution; World Bank DPL; development banks governance; governance issue; Capital spending; Public employment; Global; Europe (search for similar items in EconPapers)
Pages: 83
Date: 2016-09-09
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=44227 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2016/291

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().