Bosnia and Herzegovina : 2012 Article IV Consultation and Request for Stand-By ArrangementStaff Report; Informational Annex; Public Information Notice; Press Release; and Statement by the Executive Director for Bosnia and Herzegovina.
Title:
Bosnia and Herzegovina : 2012 Article IV Consultation and Request for Stand-By ArrangementStaff Report; Informational Annex; Public Information Notice; Press Release; and Statement by the Executive Director for Bosnia and Herzegovina.
Author:
European Dept., International Monetary Fund.
ISBN:
9781475512557
Personal Author:
Physical Description:
1 online resource (107 pages)
Series:
IMF Staff Country Reports
Contents:
Cover -- Contents -- I. Introduction -- A. Context -- B. Recent Economic Developments -- II. Policy Discussions And Program for 2012-14 -- A. Outlook and Risks -- B. National Policy Coordination -- C. Ensuring Fiscal Sustainability -- D. Mitigating Financial Sector Risks -- E. Safeguarding External Stability -- F. Structural Reforms to Unlock the Economy's Potential -- G. Improving Data Quality -- III. Program Modalities -- A. Access and Phasing -- B. Capacity to Repay the Fund and Risks to the Program -- C. Program Monitoring, Conditionality, and Safeguard Assessment -- IV. Staff Appraisal -- Boxes -- 1. BiH-Performance Under the 2009-12 SBA -- 2. BiH-Exchange Rate and Competitiveness Analysis -- Tables -- 1. Selected Economic Indicators, 2009-17 -- 2. Real Sector Developments, 2009-17 -- 3. Balance of Payments, 2009-17 -- 4. General Government Statement of Operations, 2009-17 -- 5. General Government Statement of Operations, 2009-17 -- 5a. Institutions of Bosnia and Herzegovina: Statement of Operations, 2009-17 -- 5b. Federation of Bosnia and Herzegovina: General Government Statement of Operations, 2009-17 -- 5c. Federation of Bosnia and Herzegovina: Central Government of Operations, 2009-17 -- 5d. Republika Srpska General Government Statement of Operations, 2009-17 -- 5e. Republika Srpska Consolidated Central Government Statement of Operations, 2009-17 -- 6. Monetary Survey, 2009-17 -- 7a. Gross Financing Requirements, 2012-17 (in million of euros) -- 7b. Gross Financing Requirements, 2012-17 (in percent of GDP) -- 8. Schedule of Purchases Under the Stand-By Arrangement, 2012-14 -- 9. Structural Conditionality -- 9a. Quantitative Performance Criteria and Indicative Target Under the 2012-14 Stand-By Arrangement, 2012-13 -- 10. Indicators of Capacity to Repay the Fund, 2011-19 -- 11. Financial Soundness Indicators, 2008-12.
12. External Debt Sustainability Framework, 2007-2017 -- 13. Public Sector Debt Sustainability Framework, 2007-2017 -- Figures -- 1. Selected Economic Indicators. 2008-12 -- 2. Employment Developments, 2007-12 -- 3. Wage Developments, 2007-12 -- 4. Balance of Payments, 2001-12 -- 5. Monetary Developments, 2006-12 -- 6. Indicators of Business Environment -- 7. Integration with the Euro Area -- 8. External Debt Sustainability: Bound Tests -- 9. Public Debt Sustainability: Bound Tests -- Attachments -- I. Letter of Intent -- II. Technical Memorandum of Understanding -- Annexes -- I. BiH-Risk Assessment Matrix -- II. BiH-Potential Crisis Spillover Channels -- Contents -- I. Fund Relations -- II. Bank-Fund Collaboration -- III. Statistical Issues.
Abstract:
Bosnia and Herzegovina's (BiH) challenge is to cope with the adverse economic environment and prepare the ground for achieving sustainable export-led economic growth, raising living standards, and making progress toward EU accession. In addition to fiscal consolidation, this will require reforms to improve the composition of public expenditure and unlock the economy's potential. Financial sector policies should aim at further enhancing the authorities' crisis preparedness and contingency planning. These policies would also provide a solid basis for the stability of the currency board and enhanced national policy coordination.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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Electronic Access:
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