Bosnia and Herzegovina: Selected Economic Issues
IMF Staff Country Reports, June 15, 2005
Source details
- Canonical URL
- Bosnia and Herzegovina: Selected Economic Issues
Other formats
Bibliographic details
- Published: June 15, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451977783.002
Summary
- Output, exports, and incomes have increased and inflation has stabilized.
- New modern banking laws have been passed in both entities.
- The banking sector has been almost completely privatized, with the majority of assets now under foreign ownership.
- Reforms to the central bank and to the banking system have been aimed to secure stability and to build an efficient financial system.
Key findings
- Economic performance: output, exports, and incomes increased.
- Price stability: inflation has stabilized.
- Banking sector structure: near-complete privatization with majority foreign ownership of assets.
- Legal and institutional reforms: new modern banking laws enacted in both entities; central bank reforms implemented.
Policy implications and objectives
- Secure financial stability through central bank and banking system reforms.
- Build an efficient financial system via modern banking legislation and privatization.
Content in this bundle
- Bosnia and Herzegovina: Selected Economic Issues