Bosnia and Herzegovina : 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bosnia and Herzegovina

Author/Editor:

International Monetary Fund

Publication Date:

October 6, 2008

Electronic Access:

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Summary:

This Article 2008 IV Consultation highlights that Bosnia and Herzegovina’s economy has been exhibiting robust growth, but imbalances have emerged. The current account deficit has widened and underlying inflation has picked up. Procyclical fiscal policy has added to these imbalances. Moreover, large public-sector wage increases threaten to spill over to private sector settlements, thus exacerbating inflation pressures and weighing on competitiveness. Credit growth has started to slow down, and tightened financial conditions have resulted in a fall in bank profitability.

Series:

Country Report No. 08/327

Subject:

Notes:

Also available in Bosnian

English

Publication Date:

October 6, 2008

ISBN/ISSN:

9781451804973/1934-7685

Stock No:

1BIHEA2008003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

70

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