Bosnia and Herzegovina: Sixth and Seventh Reviews Under the Stand-By Arrangement and Requests for Augmentation of Access and Modification of Performance Criteria-Staff Report; Press Release; and Statement by the Executive Director for Bosnia and Herzegovina
This paper discusses Bosnia and Herzegovina’s Sixth and Seventh Reviews Under the Stand-By Arrangement and Requests for Augmentation of Access and Modification of Performance Criteria (PC). Program performance became more uneven in late 2013 and early 2014, reflecting both economic factors and delays in policy implementation. Fiscal policies were broadly on track, but two end-December 2013 fiscal PCs were missed. As revenue collection steadily improved, all end-March 2014 PCs were met. Given the authorities’ overall performance and corrective actions, the IMF staff recommends the completion of the sixth and seventh reviews.
Year of publication: |
2014-07-03
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Stand-by arrangement reviews | External shocks | Economic growth | Fiscal policy | Fiscal consolidation | Banking sector | Bank supervision | Economic indicators | Performance criteria modifications | Letters of Intent | Staff Reports | Press releases | Bosnia and Herzegovina |
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freely available