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

Publication Date: May 17, 2013
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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(s): Stand-by arrangement reviews | Fiscal policy | Fiscal consolidation | Fiscal reforms | Private sector | Public sector | Bank supervision | Economic indicators | Staff Reports | Letters of Intent | Press releases | Performance criteria waivers | Performance criteria modifications | Bosnia and Herzegovina

Publication Date: May 17, 2013
ISBN/ISSN: 9781484371206/1934-7685 Format: Paper
Stock No: 1BIHEA2013001 Pages: 52
US$18.00 (Academic Rate:
US$18.00 )
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