Bosnia and Herzegovina: 2010 Article IV Consultation Second and Third Reviews Under the Stand-By Arrangement Request for Waiver of Nonobservance of a Performance Criterion and Rephasing of Purchases

Publication Date:

December 3, 2010

Electronic Access:

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

Summary:

The global economic and financial crisis found the economy of Bosnia and Herzegovina in a vulnerable position. The government put together a comprehensive program supported by the International Monetary Fund. The stabilization program has helped mitigate the impact of the global financial crisis on the economy. With the economy now emerging out of the recession, policy continuity is important. Medium-term fiscal consolidation should be accompanied by reforms in current spending while making room for capital expenditure. The response in the financial sector has been appropriate.

Series:

Country Report No. 2010/348

Subject:

Notes:

Also available in Bosnian

English

Publication Date:

December 3, 2010

ISBN/ISSN:

9781455212699/1934-7685

Stock No:

1BIHEA2010003

Pages:

96

Please address any questions about this title to publications@imf.org