Bosnia and Herzegovina; Second and Third Reviews Under the Stand-By Arrangement-Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Bosnia and Herzegovina

Activity and fiscal policy continue to exceed expectations, but strong bank credit growth has fuelled a sharp increase in the current account deficit. In this context, the new administrations recognize the need to establish the macroeconomic stability quickly. These actions are supported by strengthened bank regulations. The new administrations recognize the need for sweeping structural reforms if their aspirations to eventual EU membership and sustained growth are to be realized. But with unemployment high and with large aid inflows set to decline further, risks remain.

MoreLess

Year of publication:	2003-07-09
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Stand-by arrangement reviews \| banking \| central bank \| current account \| external debt \| debt service \| currency board \| current account balance \| banking system \| foreign exchange \| balance of payments \| current account deficit \| bank credit \| reserve requirement \| banking regulations \| banking statistics \| bankruptcies \| capital requirement \| external debt service \| banking supervision \| foreign loans \| bank privatization \| public debt \| bank assistance \| domestic financing \| multilateral creditors \| macroeconomic stability \| external payments arrears \| external payments \| external financing \| central banks \| external public debt \| debt service payments \| capital expenditure \| payment arrears \| debt relief \| debt obligations \| bankruptcy law \| bank group \| deposit insurance \| bank law \| bank data \| public finance \| concessional debt \| bank board \| foreign debt \| bank borrowing \| bank relations \| present value \| budget projections \| bank operations \| debt rescheduling \| long-term debt \| government finance \| hard budget constraint \| repurchases \| banking sector \| total external debt \| structural adjustment \| internal audit \| foreign exchange exposure \| external payment \| regulatory forbearance \| short-term debt \| debt-relief \| bank balance sheet \| central banking \| bank financing \| government loans \| private credit \| long-term loans \| supplementary capital \| tier 1 capital \| voucher privatization \| bank regulations \| bank supervision \| domestic currency \| consolidated supervision \| bank deposits \| general resources account \| bank loan \| bank governor \| internal control \| external loans \| bilateral agreement \| bank accounts \| bank activities \| bank liquidity \| commercial debt \| bank guarantees \| imf repurchases \| banking systems \| foreign aid \| banking sector reforms \| banking reform \| debt statistics \| bank lending \| bank collaboration \| current expenditure \| bank staff \| decentralization \| debt servicing \| debt service obligations \| reserve ratio \| tier 2 capital \| banking law \| capital adequacy

More details

Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 03/204 8 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005768607