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.

Saved in:
Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, [2016]
©2016
Description:1 online resource (83 pages) : color illustrations.
Language:English
Series:IMF country report ; no. 16/291
IMF country report ; no. 16/291.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12507601
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund, publisher.
ISBN:9781475535556
1475535554
Notes:"September 2016."
"October 11, 2013"--Page 2 of pdf.
Online resource; title from pdf title page (IMF.org website, viewed October 7, 2016).
Summary:The economy of Bosnia and Herzegovina (BiH) continues to recover. Growth was 3.2 percent in 2015, despite fiscal consolidation forced by financing constraints, and is expected to be at about the same level this year. External and internal imbalances have eased substantially in the past year. However, since the global financial crisis, economic convergence with advanced European economies has lagged. Unemployment, especially among the youth, is high and persistent, and creates incentives for emigration. There are important challenges in the areas of improving the business environment, reorienting fiscal policy to support growth while ensuring sustainability, promoting credit while safeguarding financial stability, and ensuring the fragmented governance structure does not affect the single economic space.