{
  "title": "Bosnia and Herzegovina: Selected Issues",
  "publication": "IMF Staff Country Reports, December 3, 2010",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/bosnia-and-herzegovina-selected-issues-24412",
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  "summary": "Threats to external stability in the pre-crisis period have now been reduced substantially and foreign non-debt creating flows have declined, sufficient to support external stability.",
  "sections": [
    {
      "heading": "External stability and external flows",
      "content": "- Threats to external stability in the pre-crisis period have now been reduced substantially.\n- Foreign non-debt creating flows have declined, sufficient to support external stability.\n- The global economic downturn has raised challenges for evaluating the countries’ fiscal stance."
    },
    {
      "heading": "Fiscal policy focus and recommendations",
      "content": "- Fiscal policy focus should be lowering support to debt sustainability, private sector development, and the currency board stability.\n- The global economic downturn complicates assessment of the appropriate fiscal stance."
    },
    {
      "heading": "Pension system pressures and reform needs",
      "content": "- The two entity pension funds have been under increasing financial pressures.\n- Putting the public pension systems on a sound footing will encompass a number of complementary steps.\n\nSource: IMF Staff Country Report — Bosnia and Herzegovina: Selected Issues (December 3, 2010).\n\n---\n\n Content in this bundle\n\n- Bosnia and Herzegovina: Selected Issues; IMF Country Report 10/347; September 21, 2010\n  - Bosnia and Herzegovina: Selected Issues; IMF Country Report 10/347; September 21, 2010 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Bosnia and Herzegovina: Selected Issues; IMF Country Report 10/347; September 21, 2010 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "[Markdown version](/en/publications/cr/issues/2016/12/31/bosnia-and-herzegovina-selected-issues-24412/index.md)",
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    "Published: December 3, 2010",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781455212705.002",
    "Threats to external stability in the pre-crisis period have now been reduced substantially.",
    "Foreign non-debt creating flows have declined, sufficient to support external stability.",
    "The global economic downturn has raised challenges for evaluating the countries’ fiscal stance.",
    "The global economic downturn complicates assessment of the appropriate fiscal stance.",
    "The two entity pension funds have been under increasing financial pressures.",
    "Putting the public pension systems on a sound footing will encompass a number of complementary steps.",
    "**Bosnia and Herzegovina: Selected Issues; IMF Country Report 10/347; September 21, 2010**"
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