Bosnia Economic Outlook
February 6, 2018The economy performed poorly in the last leg of 2017. In December, retail sales growth softened from the previous month, and industrial production plunged on the back of a sizeable contraction in manufacturing output. Subdued economic activity will be compounded early this year by the effects of the fuel price hike implemented on 1 February. The approval of the reform, however, was instrumental in unfreezing pending disbursements from foreign institutions, including a EUR 550 million loan scheme with the IMF. The lender is expected to complete its first review of the Extended Fund Facility by 9 February and is likely to disburse the second EUR 72 million tranche by the same date.
Bosnia and Herzegovina Economic GrowthEconomic growth will gain some traction this year on the back of increased multilateral assistance and soaring FDI inflows. Robust foreign support will offset reduced public spending and a widening current account deficit. Our panel sees growth of 3.0% in 2018, down 0.1 percentage points from last month’s estimate. In 2019, panelists expect growth of 3.1%.
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||1.59||-0.65 %||Feb 22|
|Stock Market||0.1||0.0 %||Feb 22|
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