Bosnia and Herzegovina: Fourth Review Under the Stand-By Arrangement and Request for Modification and Waivers of Applicability of Performance Criteria

November 1, 2013

Preview Citation

Format: Chicago

Bosnia and Herzegovina: Fourth Review Under the Stand-By Arrangement and Request for Modification and Waivers of Applicability of Performance Criteria, (USA: International Monetary Fund, 2013) accessed November 23, 2024

Summary

This paper focuses on Bosnia and Herzegovina’s Fourth Review Under the Stand-By Arrangement and Request for Modification and Waivers of Applicability of Performance Criteria. Despite a challenging environment, steady progress has been made in meeting program objectives. All end-June 2013 performance criteria on fiscal balances were met. Although tax revenues have lagged the pick-up in activity, tight spending controls have allowed for the end-June 2013 quantitative performance criteria on the budget balances of the Institutions of Bosnia and Herzegovina and the central governments of the Federation and Republika Srpska (RS) to be met with comfortable margins. The IMF Staff recommends the completion of the fourth review.

Subject: Balance of payments, Consumption taxes, External debt, Financial derivatives and employee stock options (financial account), Financial institutions, Loans, Securities, Taxes

Keywords: Authorities of Fed BiH, Authority, Consumption taxes, CR, Economy of Bosnia and Herzegovina, End-June performance criteria, Europe, Financial derivatives and employee stock options (financial account), Indirect tax revenue, ISCR, Loans, RS authority, Securities

Publication Details

Pages:

48
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/321
Stock No:

1BIHEA2013003
ISBN:

9781475567212
ISSN:

1934-7685

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