Bosnia and Herzegovina: Sixth and Seventh Reviews Under the Stand-By Arrangement and Requests for Augmentation of Access and Modification of Performance Criteria
July 3, 2014
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This paper discusses Bosnia and Herzegovina’s Sixth and Seventh Reviews Under the Stand-By Arrangement and Requests for Augmentation of Access and Modification of Performance Criteria (PC). Program performance became more uneven in late 2013 and early 2014, reflecting both economic factors and delays in policy implementation. Fiscal policies were broadly on track, but two end-December 2013 fiscal PCs were missed. As revenue collection steadily improved, all end-March 2014 PCs were met. Given the authorities’ overall performance and corrective actions, the IMF staff recommends the completion of the sixth and seventh reviews.
Subject: Balance of payments, Banking, External debt, Financial derivatives and employee stock options (financial account), Financial institutions, Loans, Public debt, Securities
Keywords: augmentation of the SBA, CR, deficit, economy of BiH, Europe, Executive Board's discussion, Financial derivatives and employee stock options (financial account), IMF Executive Board, ISCR, Loans, reconstruction phase, SBA tranche, SDR, Securities
Pages:
61
Volume:
2014
DOI:
Issue:
189
Series:
Country Report No. 2014/189
Stock No:
1BIHEA2014002
ISBN:
9781498345064
ISSN:
1934-7685
