Bosnia and Herzegovina-Republika Srpska: Technical Assistance Report –Public Investment Management Assessment (PIMA)
Bosnia and Herzegovina-Republika Srspka: Technical Report –Public Investment Management Assessment-PIMA
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Volume/Issue:
Volume 2024
Issue 033
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Money and Monetary Policy , Public Finance , International - Economics , Public investment management assessment , PIMA , Infrastructure governance , project appraisal , medium-term fiscal planning , Bosnia and Herzegovina-Republika Srpska , , RS government , government of Republika Srpska , FAD mission , management institution , management in RS , D , investment allocation , Public investment spending , Budget planning and preparation , Capital spending , Infrastructure , Europe , Eastern Europe , Southern Europe , Global
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Summary
There have been significant improvements in public investment management (PIM) in Bosnia and Herzegovina - Republika Srpska (RS) over the last decade and the legal and institutional design is now ahead of many regional comparators. The effectiveness of the PIM framework is lagging behind its design, and continued strong and consistent reform efforts will be important to eliminate remaining obstacles to efficient public investment. Many of these reforms are already underway or planned.
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