Bosnia and Herzegovina: 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bosnia and Herzegovina

August 2, 2007

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Bosnia and Herzegovina: 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bosnia and Herzegovina, (USA: International Monetary Fund, 2007) accessed November 26, 2024

Summary

This 2007 Article IV Consultation highlights that the economy of Bosnia and Herzegovina is enjoying its fourth consecutive year of stable growth underpinned by the currency board. Export growth of 29 percent on the back of productivity gains, export price increases, and improvements in reporting following the introduction of the VAT, combined with robust domestic demand, pushed real GDP up 6 percent in 2006. Fiscal policy has thus far been prudent. This good overall picture reflects a benign external environment and the effects of past economic reforms.

Subject: Budget planning and preparation, Expenditure, External debt, Fiscal policy, Public debt, Public financial management (PFM)

Keywords: Authorities of Bosnia and Herzegovina, Authority, BiH authorities, Bosnia-Herzegovina, Budget planning and preparation, CR, Global, Government, Government balance, Government debt law, ISCR, Privatization plan, Staff

Publication Details

Pages:

56
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/268
Stock No:

1BIHEA2007001
ISBN:

9781451804935
ISSN:

1934-7685

Notes

Also available in Bosnian

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