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This 2015 Article IV Consultation highlights that the economic growth in Bosnia and Herzegovina is expected to rebound to more than 2 percent in 2015, as economic activity is picking up in Europe. Industrial activity and exports have been gathering momentum. Domestic political risks weigh...
Persistent link: https://www.econbiz.de/10014412429
This 2017 Article IV Consultation highlights the macroeconomic conditions in Bosnia and Herzegovina (BiH) have remained stable. BiH has made progress in reducing internal and external imbalances in recent years, thanks to a prudent fiscal position, and a strong monetary anchor provided by the...
Persistent link: https://www.econbiz.de/10011806413
Bosnia and Herzegovina has enjoyed rapid growth and price stability in recent years, but stronger policy ownership, improved policy coordination, and meaningful progress in structural reform are needed to provide the basis for sustained, private sector-led growth. Ensuring the sustainability of...
Persistent link: https://www.econbiz.de/10014405204
Pre-pandemic, Bosnia and Herzegovina's (BiH) economy was growing, but at a pace below the more successful countries in Eastern Europe. The pandemic generated a substantial output contraction in 2020. Early in the pandemic, the authorities successfully implemented restrictions to prevent the...
Persistent link: https://www.econbiz.de/10012516478
The global economic and financial crisis found the economy of Bosnia and Herzegovina in a vulnerable position. The government put together a comprehensive program supported by the International Monetary Fund. The stabilization program has helped mitigate the impact of the global financial crisis...
Persistent link: https://www.econbiz.de/10014402434