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Bosnia and Herzegovina: Staff Report for the First Review Under the Stand-By Arrangement

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  • International Monetary Fund

Abstract

The staff report for Bosnia and Herzegovina’s (BiH) first review under the Stand-By Arrangement is presented. The precipitous drop in demand for BiH’s exports and the drying up of foreign direct investment triggered a sharp decline in private investment. Tightening credit conditions and the ensuing uncertainty put a further squeeze on spending on capital goods and consumer durables. Private consumption of nondurables softened but to a lesser extent, on the back of moderate growth in wages and social benefits.

Suggested Citation

  • International Monetary Fund, 2010. "Bosnia and Herzegovina: Staff Report for the First Review Under the Stand-By Arrangement," IMF Staff Country Reports 2010/101, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2010/101
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=23815
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    Cited by:

    1. Gedeon Shirley, 2010. "The Political Economy of Currency Boards: Case of Bosnia and Herzegovina," South East European Journal of Economics and Business, Sciendo, vol. 5(2), pages 7-20, November.

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