Bosnia and Herzegovina : Staff Report for the First Review Under the Stand-By Arrangement
ISBN: 9781452767673
Platform/Publisher: Ebook Central / International Monetary Fund
Digital rights: Users: Unlimited; Printing: Limited; Download: 7 Days at a Time
Subjects: Business/ Management; Economics;

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.


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