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.

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.

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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:	International Monetary Fund -- Bosnia and Herzegovina. International Monetary Fund. Fiscal policy -- Bosnia and Herzegovina. Economic development -- Bosnia and Herzegovina. Economic indicators -- Bosnia and Herzegovina. Unemployment -- Bosnia and Herzegovina. Economic development. Economic indicators. Fiscal policy. Unemployment. Bosnia and Herzegovina.
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.

Description
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.
Item Description:	"September 2016." "October 11, 2013"--Page 2 of pdf.
Physical Description:	1 online resource (83 pages) : color illustrations.
ISBN:	9781475535556 1475535554