Bosnia and Herzegovina : Second Review Under the Stand-By Arrangement and Requests for Waivers of Applicability and Modification of Performance Criteria —Staff Report; Press Release; and Statement by the Executive Director

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

May 17, 2013

Electronic Access:

Free Full Text (PDF file size is 736 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The economy of Bosnia and Herzegovina, which is strongly connected to Europe through trade and financial channels, continues to pay a high price for the tough conditions in the area. The paper discuss that, following low demand in its trading partners, exports slumped in 2012 by 7.5 percent, dragging the economy to an export-led recession that resulted in a contraction of economic activity by 0.7 percent. The share of government spending in GDP fell by almost a percentage point, offsetting completely the automatic stabilizers.

Series:

Country Report No. 13/121

Subject:

English

Publication Date:

May 17, 2013

ISBN/ISSN:

9781484371206/1934-7685

Stock No:

1BIHEA2013001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

52

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