Bosnia and Herzegovina: Request for Stand-By Arrangement
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Summary:
This report highlights Bosnia and Herzegovina's Request for Stand-By Arrangement (SBA). The authorities have requested a 15-month SBA in the amount of SDR 67.6 million (40 percent of quota) for June 2002–September 2003. Private investment and FDI remain mired in concerns over political risks, the hostile business environment, and infrastructure bottlenecks. Fixed investment outside government, construction, and reconstruction is low—perhaps 10 percent of GDP, and construction is slowing as aid inflows are curtailed. Significant fiscal consolidation appears to have been achieved in 2001 and fiscal structures have been strengthened.
Series:
Country Report No. 2002/191
Subject:
Arrears Budget planning and preparation Debt service Expenditure External debt Public financial management (PFM)
English
Publication Date:
August 28, 2002
ISBN/ISSN:
9781451804867/1934-7685
Stock No:
1BIHEA0032002
Pages:
85
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