Bosnia and Herzegovina: 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bosnia and Herzegovina

International Monetary Fund

No 2007/268, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2007 Article IV Consultation highlights that the economy of Bosnia and Herzegovina is enjoying its fourth consecutive year of stable growth underpinned by the currency board. Export growth of 29 percent on the back of productivity gains, export price increases, and improvements in reporting following the introduction of the VAT, combined with robust domestic demand, pushed real GDP up 6 percent in 2006. Fiscal policy has thus far been prudent. This good overall picture reflects a benign external environment and the effects of past economic reforms.

Keywords: ISCR; CR; government; authority; BiH authorities; Bosnia-Herzegovina; staff; authorities of Bosnia and Herzegovina; government balance; privatization plan; government debt law; Budget planning and preparation; Global (search for similar items in EconPapers)
Pages: 56
Date: 2007-08-02
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