IMF Staff Country Reports

Bosnia and Herzegovina: Sixth and Seventh Reviews Under the Stand-By Arrangement and Request for Waiver of Performance Criterion

July 24, 2001

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Format: Chicago

International Monetary Fund. "Bosnia and Herzegovina: Sixth and Seventh Reviews Under the Stand-By Arrangement and Request for Waiver of Performance Criterion", IMF Staff Country Reports 2001, 106 (2001), accessed 1/16/2026, https://doi.org/10.5089/9781451804829.002

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Summary

The Stand-By Arrangement with Bosnia and Herzegovina was approved on May 29, 1998. Bank regulation and supervision have been strengthened over the past year, although procedures continue to fall short of best practice in some areas. The authorities have reformed the sales tax regime to equalize tax rates in the two entities, broaden and unify the base, and simplify the tax system in a broadly revenue neutral manner. IMF staff urged the authorities to accelerate the implementation of modern treasuries.

Subject: Arrears, Banking, Budget planning and preparation, Expenditure, Wages

Keywords: Bosnia and Herzegovina review, CR, Federation legislature, ISCR, legislation, sales tax legislation, staffs assessment