Bosnia and Herzegovina: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bosnia and Herzegovina
Bosnia and Herzegovina: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bosnia and Herzegovina
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Volume/Issue:
Volume 2023
Issue 324
Publication date: September 2023
ISBN: 9798400253270
$20.00
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Available Languages and Formats
| Bosnian | |||
| English |
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Topics covered in this book
This title contains information about the following subjects.
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Finance , Labor , Money and Monetary Policy , Public Finance , Business and Economics - Statistics , International - Economics , Bosnia and Herzegovina parliament , coverage ratio , authorities of Bosnia and Herzegovina , core inflation , council of ministers Kristo , Capital spending , Loans , Wages , Europe , Global
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Summary
After a strong post-pandemic rebound in 2021, growth moderated to 3.9 percent in 2022 (from 7.4 percent in 2021), with Bosnia and Herzegovina (BiH) beset by negative food and fuel price shocks, the economic slowdown in Europe, and ongoing domestic political tensions. Inflation has been declining from an all-time high of 17.4 percent in October, but it remains high. Most structural reforms remain on hold, and EU candidacy status, granted in December 2022, has yet to create momentum.
