IMF Staff Country Reports

Bosnia and Herzegovina: Staff Report for the First Review Under the Stand-By Arrangement

Publication Date:

April 30, 2010

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The staff report for Bosnia and Herzegovina’s (BiH) first review under the Stand-By Arrangement is presented. The precipitous drop in demand for BiH’s exports and the drying up of foreign direct investment triggered a sharp decline in private investment. Tightening credit conditions and the ensuing uncertainty put a further squeeze on spending on capital goods and consumer durables. Private consumption of nondurables softened but to a lesser extent, on the back of moderate growth in wages and social benefits.

Series:

Country Report No. 2010/101

Subject:

Banking Budget planning and preparation Commercial banks Expenditure External debt Financial institutions Public debt Public financial management (PFM)

Notes:

Also available in Bosnian