Bosnia and Herzegovina: Selected Economic Issues

Volume/Issue: Volume 2005 Issue 198
Publication date: June 2005
ISBN: 9781451977783
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Topics covered in this book

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Banks and Banking , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Taxation - General , ISCR , CR , GDP , government , deficit , enterprise , indirect tax , credit boom , government expenditure , RS government , staff estimate , enterprise debt , current account deficit , state building , Budget planning and preparation , Fiscal stance , Value-added tax , Consumption taxes , Caribbean

Summary

This Selected Economic Issues paper for Bosnia and Herzegovina reports that output, exports, and incomes have increased and inflation has stabilized. New modern banking laws have been passed in both entities, and the banking sector has been almost completely privatized, with the majority of assets now under foreign ownership. The reforms to the central bank and to the banking system have been aimed to secure stability and to build an efficient financial system.