Bosnia Economic Outlook
October 4, 2016In late September, the Finance Ministry of Bosnia and Herzegovina (BiH) announced that the 2017 fiscal budget will be in line with the administration’s efforts to decrease the country’s elevated public debt. The budget was discussed with the IMF, which approved a three-year extended arrangement under the Extended Fund Facility (EFF) in early September. The Fund also urged the government to tackle the sluggish private sector by improving business conditions. In the political arena, tensions heightened ahead of the local elections on 2 October. Bosnian Serbs voted on 25 September to have their own national holiday, despite the referendum being banned by BiH’s government.
Bosnia and Herzegovina Economy Data
5 years of Bosnia and Herzegovina economic forecasts for more than 30 economic indicators.
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Bosnia and Herzegovina Facts
|Exchange Rate||1.80||0.51 %||Oct 21|
Bosnia and Herzegovina Economic Growth
October 4, 2016BiH was able to secure several loans this year, in an attempt to alleviate its structural imbalances. FocusEconomics panelists expect BiH to grow 3.0% in 2016, which is unchanged from last month’s forecast, and 3.1% in 2017.