Press Release: Statement at the Conclusion of an IMF Mission to Bosnia and Herzegovina
June 24, 2015
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board.
June 24, 2015
An International Monetary Fund (IMF) mission, led by Mr. Ron van Rooden, visited Sarajevo and Banja Luka during June 10-24, 2015, to assess recent economic developments and discuss a new economic program that could be supported by the IMF.
At the conclusion of the visit, Mr. Ron van Rooden made the following statement:
“The mission and the authorities made progress in discussing policies to boost growth by intensifying reforms to attract investment and create more private sector jobs; continuing fiscal consolidation to place public debt on a steady downward path; improving the quality of government spending; and safeguarding financial sector stability and reviving bank lending.
“The authorities need more time, however, to work out the details of policies in a number of areas, including measures to improve the functioning of the labor market, strengthen tax collection, enhance bank oversight, and improve the business environment. The mission will maintain a close dialogue with the authorities in the period ahead and stands ready to assist them in their efforts.”
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