Bosnia and Herzegovina Country Report - November, 2016

December 14, 2016

This report covers the main macroeconomic releases from November 1 until November 30, 2016 as well as the financial and political events that took place in Bosnia during this period.
Bosnia & Herzegovina is among the countries assessed by its citizens to have the most severe corruption problems, according to a survey of Transparency International on Europe and Central Asia.
Three Western Balkan countries – Bosnia & Herzegovina, Albania and Macedonia – are among the top nine in terms of the percentage of emigrants, according to 2015 data from the United Nations, the Pew Research Center reported.
The government of Bosnia & Herzegovina said on November 10 it has approved a draft agreement with Russia on the settlement of a $125.2mn debt owed by the former USSR to the Balkan state when it was part of former Yugoslavia.
Bosnia & Herzegovina should focus on improving the business environment in the country in order to help reduce the jobless rate and boost FDI inflows, the International Monetary Fund (IMF) said.
Bosnia & Herzegovina’s economic growth is expected to accelerate to 3.4% in 2017 from an estimated 3.1% this year, according to the government’s economic projections for 2017-2019, adopted on November 10.

Key points:
• CPI deflation eased to 0.7% in October
• The working-day adjusted industrial production increased 4.5% y/y in October
• The foreign trade gap narrowed 3.6% y/y to BAM5.55bn (€2.84bn) in the first ten months of 2016

To Purchase This Report - Click Here

Related Reports

Russia Country Report Sep18 - September, 2018

Just the threat of new “crushing” US sanctions that may be adopted in the autumn is already hurting the Russian economy in August. The Ministry of Economic development has already revised the ... more

Iran Country Report Sep18 - September, 2018

Iran’s economy expanded by 3.7% during the 2017-2018 Persian calendar year (ended March 20), according to a report released by the Central Bank of Iran (CBI) on June 16. Further revisions of ... more

Belarus Country Report Sep18 - September, 2018

Belarus' economic growth was higher than expected in the first half of this year topping 4.5%, which is almost twice the 2.8% forecast at the start of the year. The government is using the windfall ... more