Bosnia and Herzegovina

Bosnia and Herzegovina has come a long way, but has to achieve more in terms of economic transition. The core and most urgent economic task is corporate restructuring. Labor market institutions need to be transformed alongside. The fiscal and structural reform agenda will require strengthened fiscal institutions and macroeconomic data. The financial policies have been well calibrated. The agenda will tax implementation and absorptive capacity to its limits. The strength of the government’s commitment to confront the structural challenges ahead will be decisive.Article IV consultations;Performance criteria waivers;Stand-by arrangement reviews;debt, external debt, public debt, payments, interest, debt service, central bank, current account, restructuring, loans, balance of payments, current account balance, creditors, debt sustainability, taxes, currency board, external public debt, public finance, domestic savings, liabilities, debt relief, domestic currency, current account deficit, fiscal policy, expenditures, foreign loans, debt rescheduling, public sector debt, domestic debt, debt ratio, obligations, external financing, domestic financing, multilateral creditors, public expenditure, external debt service, debts, government debt, debt consolidation, total external debt, cooperatives, debt restructuring, debt management, debt servicing, debt sustainability analysis, debt stock, creditor, debt ratios, debt dynamics, debt forgiveness, foreign aid, debt-relief, current account deficits, bankruptcy procedures, debt settlement, deficits, collections, repurchases, short-term debt, repayment, foreign debt, external debt sustainability, reserve management, debt instruments, external debt data, property tax, debt level, external shocks, debt data, credit lines, external loans, external indebtedness, tax revenues, private external debt, public external debt, public debts, general resources account, imf repurchases, tax evasion, credit limits, short term deposits, amortization payments, loan disbursements, suppliers credits, bankruptcy laws, public debt management, long-term debt