Bosnia and Herzegovina: Staff Report for the 2005 Article IV Consultations

June 15, 2005

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Bosnia and Herzegovina: Staff Report for the 2005 Article IV Consultations, (USA: International Monetary Fund, 2005) accessed November 27, 2024

Summary

Bosnia and Herzegovina’s 2005 Article IV Consultation reports that inflation has stabilized at industrial country rates, anchored by the currency board. About half of activity is accounted for by the private sector and banks have been almost completely privatized to nonresidents. The fiscal system, though fractured, has delivered a fiscal consolidation of 8 percentage points of GDP in four years, taking the balance to a deficit of 0.6 percent of GDP in 2004.

Subject: Expenditure, External debt, Fiscal policy, Public debt, Public financial management (PFM)

Keywords: Authorities' share, BiH Fiscal Council, Budget planning and preparation, Council, CR, EC mission, Fiscal stance, Government, Government study, Governments in Bosnia and Herzegovina, ISCR, State administration remuneration rate, State budget expenditure

Publication Details

Pages:

76
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/199
Stock No:

1BIHEA2005003
ISBN:

9781451804898
ISSN:

1934-7685

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