Bosnia and Herzegovina: 2024 Article IV Consultation-Press Release; Staff Report

Bosnia and Herzegovina: 2024 Article IV Consultation-Press Release; Staff Report
READ MORE...
Volume/Issue: Volume 2024 Issue 175
Publication date: June 2024
ISBN: 9798400278723
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
paperback else
pdf else
epub else
Bosnian
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Labor , Finance , Economics- Macroeconomics , Public Finance , BiH PFM Laws , BiH authorities , core inflation , entity governments statement , financing needs , General government operation , accounts payable , BiH firm recovery , Wage adjustments , Capital spending , Wages , Loans , Europe

Also of interest
Peru
Grenada
Nepal
Peru
Summary

Growth decelerated to 1.7 percent in 2023 from 4.2 percent in 2022 but has proven resilient despite ongoing headwinds, such as spillovers from the war in Ukraine and from the economic slowdown in Europe. Inflation has moderated from 17.4 percent in October 2022 to 6 percent, on average, in 2023, but wage pressures linger due to minimum wage increases and emigration. The fiscal balance deteriorated from a surplus of 0.9 percent in 2022 to a deficit of 1.7 percent in 2023, reflecting the accumulated impact of several permanent increases in public wages and social benefits. Progress on structural reforms remains limited, although EU accession talks appear to have sparked some reform ambition.

Powered by: AIDC