Bosnia and Herzegovina: 2012 Article IV Consultation and Request for Stand-By Arrangement—Staff Report; Informational Annex; Public Information Notice; Press Release; and Statement by the Executive Director for Bosnia and Herzegovina

International Monetary Fund

No 2012/282, IMF Staff Country Reports from International Monetary Fund

Abstract: Bosnia and Herzegovina’s (BiH) challenge is to cope with the adverse economic environment and prepare the ground for achieving sustainable export-led economic growth, raising living standards, and making progress toward EU accession. In addition to fiscal consolidation, this will require reforms to improve the composition of public expenditure and unlock the economy’s potential. Financial sector policies should aim at further enhancing the authorities’ crisis preparedness and contingency planning. These policies would also provide a solid basis for the stability of the currency board and enhanced national policy coordination.

Keywords: ISCR; CR; Bosnia-Herzegovina; BiH economy; Stand-By Arrangement; economy of Bosnia and Herzegovina; authorities of BiH; policy coordination; BiH central government; Financial derivatives and employee stock options (financial account); Securities; Global; Europe (search for similar items in EconPapers)
Pages: 103
Date: 2012-10-05
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