Back to Top

At A Glance

Back to Top

Bosnia and Herzegovina and the IMF

More

April 19, 2024

Soft Landing in Crosswinds for a Lasting Recovery

A soft landing for Europe’s economies is within reach. Securing the baseline of growth with price stability will require careful monetary policy calibration. Faster fiscal consolidation would ensure buffers are adequate to tackle future shocks, while structural fiscal reforms would help address mounting long-term expenditure pressures. Beyond the near-term recovery, raising potential growth prospects calls for efforts at both the domestic and European levels. Measures should aim to raise labor force participation, prepare the workforce for looming structural shifts, set an enabling environment for private investment, and promote innovation on a level European playing field—especially when it comes to the green transition, including through a strong commitment to carbon pricing. Greater European integration would amplify the effect of these reforms. Formulating an ambitious set of growth-enhancing reforms should be a key priority of a new EU commission.
Read the Report

This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Bosnia and Herzegovina and the IMF. Additional information can be found on Bosnia and Herzegovina and IMF country page, including official IMF reports and Executive Board documents in English that deal with Bosnia and Herzegovina.