Bosnia and Herzegovina: Technical Assistance Report-Report on Government Finance Statistics Technical Assistance Mission
IMF Staff Country Reports, February 4, 2019
Source details
- Canonical URL
- Bosnia and Herzegovina: Technical Assistance Report-Report on Government Finance Statistics Technical Assistance Mission
Other formats
Bibliographic details
- Published: February 4, 2019
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484397336.002
Mission scope and objectives
- Support Bosnia and Herzegovina authorities, with a specific focus on the Republic of Srpska (RS), in improving government finance statistics (GFS) for decision making.
- Continue developing reconciliation processes.
- Develop a compilation process for nonbudgetary public sector units, with emphasis on extra-budgetary units.
- Discuss classification questions in the context of GFS compilation per the European System of National and Regional Accounts 2010 and the Government Finance Statistics Manual 2014.
Key activities and findings
- The mission initiated the development of a standardized compilation procedure for nonbudgetary public sector units, specifically extra-budgetary units.
- The mission continued work on reconciliation processes essential for coherent GFS compilation.
- Classification issues were reviewed and discussed against the standards of the European System of National and Regional Accounts 2010 and the Government Finance Statistics Manual 2014.
Health sector mapping and implications
- The August 2017 mission mapped flows between the budget, the health fund, the health institutions, and patients (household) concerning the provision of health care and its funding.
- This mapping is expected to assist in classifying functional expenditure of the health fund and the health care providers.
Methodological developments
- Development of a standardized compilation procedure for nonbudgetary public sector units to improve consistency of GFS.
- Emphasis on aligning classification and compilation practices with ESNA 2010 and GFSM 2014 guidance.
Policy recommendations and next steps
- Continue development and implementation of reconciliation processes to strengthen the reliability of GFS.
- Finalize and operationalize the standardized compilation procedure for nonbudgetary public sector units, including extra-budgetary units.
- Use the health sector flow mapping to inform and finalize functional expenditure classification for the health fund and health care providers.
- Maintain discussions and alignment with ESNA 2010 and GFSM 2014 standards when resolving classification questions.
Source: Bosnia and Herzegovina: Technical Assistance Report-Report on Government Finance Statistics Technical Assistance Mission, IMF Staff Country Reports, February 4, 2019.
Content in this bundle
- Country Report