IMF Staff Country Reports

Bosnia and Herzegovina: Third Review Under the Stand-By Arrangement and Request for Waiver of Applicability of a Performance Criterion—Staff Report and Press Release.

July 3, 2013

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International Monetary Fund. European Dept. "Bosnia and Herzegovina: Third Review Under the Stand-By Arrangement and Request for Waiver of Applicability of a Performance Criterion—Staff Report and Press Release.", IMF Staff Country Reports 2013, 196 (2013), accessed November 7, 2025, https://doi.org/10.5089/9781484366370.002

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Summary

This paper discusses Bosnia and Herzegovina’s Third Review Under the Stand-By Arrangement and Request for Waiver of Applicability of a Performance Criterion. Financial sector indicators through end-March 2013 suggest that the banking system remains profitable and adequately capitalized at the aggregate level. Foreign parent banks’ exposure to their Bongani Investments Holdings subsidiaries has broadly stabilized over the last several quarters. Industrial production and exports rose markedly in the first quarter of 2013 compared to the same period last year. It is found that while this reflected to a large extent a much milder winter, higher water levels that boosted electricity production, and exports, prospects for a modest economic recovery this year of approximately ½ percent have improved.

Subject: Balance of payments, Banking, Capital spending, Expenditure, Financial derivatives and employee stock options (financial account), Financial institutions, Loans, Securities

Keywords: Accounts payable, Bosnia-Herzegovina, Broad money, Capital spending, CR, Disbursement of an amount equivalent to SDR, Europe, Financial derivatives and employee stock options (financial account), Growth outlook, Investment fund, Investment fund share, ISCR, Loans, Net, Private sector, SDR, Securities, Unemployment rate

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