Bosnia and Herzegovina : Request for Extended Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Bosnia and Herzegovina.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. European Dept.

Series:

IMF Staff Country Reports; Country Report ; No. 2016/291

IMF Staff Country Reports

Language:

English

Subjects (All):

Fiscal policy--Bosnia and Herzegovina.

Fiscal policy.

Economic development--Bosnia and Herzegovina.

Economic development.

Economic indicators--Bosnia and Herzegovina.

Economic indicators.

Unemployment--Bosnia and Herzegovina.

Unemployment.

Physical Description:

1 online resource (84 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2016.

Summary:

This paper discusses Bosnia and Herzegovina’s request for an Extended Arrangement Under the Extended Fund Facility. Growth in Bosnia and Herzegovina was 3.2 percent in 2015, despite fiscal consolidation as a result of financing constraints, and is expected to be about the same in 2016. The authorities adopted a comprehensive reform agenda in early 2015 that aims to address tepid growth and high unemployment in a sustainable manner. Given the commitment by the authorities at all levels to steadfastly implement their program and to adjust policies as circumstances change, the IMF staff expects the economy of Bosnia and Herzegovina to progress in dealing with its present challenges. The IMF staff supports the authorities’ request for an extended arrangement.

Contents:

Cover; CONTENTS; RECENT DEVELOPMENTS, OUTLOOK, AND RISKS; PROGRAM OBJECTIVES AND POLICY DISCUSSIONS; A. Structural Reforms to Boost Growth and Create Jobs; B. Employing Fiscal Policy to Support Growth While Ensuring Sustainability; C. Safeguarding Financial Stability While Promoting Credit Growth; PROGRAM MODALITIES AND RISKS; STAFF APPRAISAL; BOX; 1. BiH: Improving National Policy Coordination; FIGURES; 1. BiH: Recent Developments; 2. BiH: Program Objective, Key Policy Areas and Key Measures; TABLES; 1. Bosnia and Herzegovina: Selected Economic Indicators, 2012-21

2. Bosnia and Herzegovina: Real Sector Developments, 2012-213. Bosnia and Herzegovina: Balance of Payments, 2013-21; 4. Bosnia and Herzegovina: General Government Statement of Operations, 2012-21; 5. Bosnia and Herzegovina: General Government Statement of Operations, 2012-17; 5a. Institutions of Bosnia and Herzegovina: Statement of Operations, 2012-17; 5b. Federation of Bosnia and Herzegovina: General Government Statement of Operations, 2012-17; 5c. Federation of Bosnia and Herzegovina: Central Government Statement of Operations, 2012-17

5d. Republika Srpska: General Government Statement of Operations, 2012-175e. Republika Srpska: Consolidated Central Government of Operations, 2012-17; 6. Bosnia and Herzegovina: Monetary Survey, 2013-16; 7. Bosnia and Herzegovina: Proposed Schedule of Purchases Under the Extended Arrangement Under the EFF, 2016-19; 8. Bosnia and Herzegovina: Proposed Quantitative Performance Criteria and Indicative Targets Under the 2016-19 Extended Arrangement Under the EFF; 9. Bosnia and Herzegovina: Structural Conditionality; 10. Bosnia and Herzegovina: Indicators of Capacity to Repay the fund, 2011-27

11a. Bosnia and Herzegovina: Gross Financing Requirements 2015-1911b. Bosnia and Herzegovina: Gross Financing Requirements 2015-19; 12. Bosnia and Herzegovina: Financial Soundness Indicators 2010-15; ANNEXES; I. Reducing the Public Wage Bill: Challenges and Prospects; II. Bosnia and Herzegovina: Debt Sustainability Analysis (DSA); APPENDIX; I. Letter of Intent; Attachment; I. Technical Memorandum of Understanding on Definitions and Reporting Under the 2016-19 Extended Arrangement Under the EFF

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF title page (ebrary, viewed October 19, 2016).

ISBN:

9781475535617

1475535619

9781475535747

1475535740