Bosnia and Herzegovina: Staff Report for the 2006 Article IV Consultation

Author: International Monetary Fund

Volume/Issue: Volume 2006 Issue 371

Publication date: October 2006

ISBN: 9781451804911

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Bosnian
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Economics- Macroeconomics , Public Finance , Taxation - General , ISCR , CR , government , authorities project , RS government's decision , deficit , Bosnia-Herzegovina , Bosnian authority , private sector , continued commitment , VAT revenue , Current account deficits , Currency boards , Europe , Baltics , Africa

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Summary

Bosnia and Herzegovina has enjoyed rapid growth and price stability in recent years, but stronger policy ownership, improved policy coordination, and meaningful progress in structural reform are needed to provide the basis for sustained, private sector-led growth. Ensuring the sustainability of public finances in the face of emerging spending pressures and still uncertain domestic liabilities is required. Improving fiscal governance and coordination, reducing financial sector vulnerabilities, and strengthening the private sector while improving competitiveness and the external position is required.