Bosnia and Herzegovina: Selected Issues and Statistical Appendix
IMF Staff Country Reports, July 10, 2000
Source details
- Canonical URL
- Bosnia and Herzegovina: Selected Issues and Statistical Appendix
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Bibliographic details
- Published: July 10, 2000
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451804775.002
Overview
- Publication date: July 10, 2000
- Purpose: Provides background information for the 1999 Article IV Consultation with Bosnia and Herzegovina.
- Main context: The economy has been dominated by a small number of large state-owned enterprises. A central policy was settled during the preparation of the privatization framework under which the competence to privatize was assigned to the entities.
Key findings and diagnostics
- State-owned enterprises:
- The economy has been dominated by a small number of large state-owned enterprises.
- Privatization framework:
- A central policy was settled during the preparation of the privatization framework under which the competence to privatize was assigned to the entities.
- Tax system deficiencies:
- Major tax policy reforms will be needed over the medium term to address the deficiencies of the present tax system.
- Growth drivers:
- Long-term economic growth is expected to be driven mainly by private sector development.
Policy recommendations and medium-term priorities
- Privatization:
- Implement and operationalize the privatization framework that assigns competence to the entities.
- Tax policy:
- Design and implement major tax policy reforms over the medium term to address deficiencies of the present tax system and lay the foundation for long-term growth.
- Private sector development:
- Prioritize reforms and policies that support private sector-led growth as the main engine of long-term economic expansion.
Subjects and keywords
- Subject: Defense spending, Expenditure, Labor, Pension spending, Pensions, Public debt
- Keywords: bank, Bosnia-Herzegovina, Central Asia, CR, Defense spending, Eastern Europe, enterprise, Entity government, Europe, Global, government, government structure, import, import tariff surcharge, import verification fee, ISCR, Pension spending, Pensions, privatization process
Content in this bundle
- Bosnia and Herzegovina: Selected Issues and Statistical Appendix - ISCR/00/77