EBRD keeps Bosnias 2011 GDP growth forecast at 2.2%.

By bne IntelliNews January 25, 2011
The European Bank for Reconstruction and Development (EBRD) has kept its outlook for Bosnias economic growth in 2011 unchanged at 2.2%, the Bank said in its latest report. The outlook for 2010 was also remained unchanged at 0.8%. EBRD said the country is benefiting from the rising global demand for key metal commodities. It also noted that Bosnia remains on track with its IMF programme. Intellinews comment We believe that the economy has the potential to grow even faster, but the political stalemate in the country creates an unstable environment for investors. Bosnia has been trying to form a new government since the October 3 elections.

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