Bosnia and Herzegovina: Fourth and Fifth Reviews Under the Stand-By Arrangement and Requests for Extension and Rephasing of the Arrangement
January 8, 2001
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The study focuses on corrective fiscal policies for 2000, the budgets for 2001, and the agenda for structural reform. An important issue discussed in revising the 2000 budgets was the expenditure policy required to contain spending commitments within available resources. The authorities have made some progress in the area of fiscal transparency. Despite high unemployment, major strides have been made in labor market reform, an area that has been difficult to tackle now. Progress in privatizing state-owned banks has been patchy.
Subject: Banking, Budget planning and preparation, Expenditure, External debt, Labor, Pension spending, Public financial management (PFM), Wages
Keywords: Baltics, broad money, Budget planning and preparation, CR, debt service, Entity authorities, ISCR, Pension spending, reform, reform agenda, reform momentum, stand-by, stand-by credit, Wages
Pages:
68
Volume:
2001
DOI:
Issue:
008
Series:
Country Report No. 2001/008
Stock No:
1BIHEA0012001
ISBN:
9781451804782
ISSN:
1934-7685
