Title Bosnia and Herzegovina : request for stand-by arrangement : staff report : staff statement : press release on the Executive Board discussion : and statement by the Executive Director for Bosnia and Herzegovina / [prepared by the European Dept. in consultation with other departments]

Published [Washington, D.C.] : International Monetary Fund, ©2009

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Description 1 online resource : illustrations Series IMF country report ; no. 09/226 IMF country report ; no. 09/226. Contents I. Background and Recent Economic Challenges; Boxes; II. The Program; A. Overall Program Objectives and Strategy; B. The Currency Board; C. Macroeconomic Framework; D. Fiscal Policy; E. Financial Sector Policies; F. Other; III. Program Modalities; A. Access; B. Capacity to Repay; C. Program Monitoring, Conditionality, and Safeguards Assessment; IV. Staff Appraisal; Figures; Tables; Appendices; Attachments Summary This paper discusses the request from the Bosnia and Herzegovina authorities for a Stand-By Arrangement. The global financial and economic crisis hit Bosnia and Herzegovina when the overheating was already raising doubts about the sustainability of the economic expansion. The authorities' comprehensive financial sector strategy aims at strengthening the banking sector and improving crisis preparedness. IMF staff supports the authorities' plans to enhance the monitoring of financial stability by establishing a standing committee in charge of crisis prevention and management, and by signing a formal memorandum of understanding on cooperation Notes English Print version record Subject International Monetary Fund -- Bosnia and Herzegovina SUBJECT International Monetary Fund fast Subject Global Financial Crisis, 2008-2009. Financial crises -- Bosnia and Herzegovina Fiscal policy -- Bosnia and Herzegovina Monetary policy -- Bosnia and Herzegovina Inflation (Finance) -- Bosnia and Herzegovina Balance of trade -- Bosnia and Herzegovina Balance of trade Economic history Financial crises Fiscal policy Inflation (Finance) Monetary policy SUBJECT Bosnia and Herzegovina -- Economic conditions Subject Bosnia and Herzegovina Form Electronic book Author International Monetary Fund. European Department. ISBN 9781452769691 1452769699 1462320228 9781462320226 1280887206 9781280887208 9786613728517 6613728519 1451877390 9781451877397

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