1. Market Research
  2. > Materials Market Trends
  3. > Intellinews - Bosnia and Herzegovina Country Report - February 2013

Intellinews - Bosnia and Herzegovina Country Report - February 2013

  • March 2013
  • -
  • Emerging Markets Direct Media Holdings
  • -
  • 25 pages

Bosnia's efforts to improve the sustainability of its public finance were acknowledged by the European Commission as the country was granted the first payment worth EUR 50mn of the EU's EUR 100mn macro-financial assistance signed in 2008. The assistance will be used to support economic growth and alleviate the impact of the crisis on Bosnian economy as well as to speed up structural reforms.

However, the payment of the second tranche of the EU loan will be conditioned to the implementation of further structural reforms. ''We are now expecting BiH politicians in return to fulfil their commitments in order to move forward in the accession process: We need to see functioning institutions at all levels, faster structural reforms and improvements in policy coordination'', enlargement commissioner Stefan Fuele was quoted as saying.

The country must therefore overcome political struggles at all levels of govermnent. In particular, Bosnia’s biggest entity, the Muslim-Croat Federation must speed up the formation of a new government which remains blocked more than six months after a change in the parliament majority.
On the economic front, according to latest estimate of the governemnt’s Directorate for Economic Planning (DEP), economic activity contracted by 0.5% in 2012 after expanding by a real 1.3% in 2011. It should be noted, however, that the DEP estimate of a small GDP contraction last year is in contrast with the preliminary forecasts of the central bank which saw the GDP rather expanding by 0.6% in 2012.

Consumer prices in the country eased to 1.3% in January 2013 from 1.8% y/y in December 2012, while the industrial output climbed 2% y/y in January following a 4.8% y/y decline in December (supported by rise in the manufacturing and utilities sectors).
Bosnia’s jobless rate increased to 44.5% at end-December from 43.8% at end-2011, according to the country’s labour and employment agency.
The foreign trade gap shrank 5.5% y/y to EUR 212mn in January as exports increased more than three times faster than imports, after declining in annual terms for five consecutive months.

Bosnia’s commercial bank assets rose 1.7% y/y to EUR 11.3bn at end-January. Domestic loans, which represent the majority of bank assets (72%), increased 3.3% y/y in January while Bosnia’s bank deposits went up by an annual 2.9% EUR 6.8bn. Both lending and deposit dynamics was mainly driven by the household segment.

The gross foreign reserves managed by Bosnia’s central bank edged up 0.5% y/y to EUR 3.2bn (23.6% of GDP) at end-January.
End-January’s net foreign reserves (at EUR 3.32bn)of Bosnia’s central bank continued to fully cover its monetary liabilities, thus guaranteeing the stability of the currency board arrangement. The level of this coverage was 108.2% at end-January, slightly down from 108.7% at end-December and 109% in the like period in 2012.

Table Of Contents

Intellinews - Bosnia and Herzegovina Country Report - February 2013
Table of Contents

EXECUTIVE SUMMARY
MACROECONOMIC OVERVIEW
REAL SECTOR
1. GDP, Inflation
2. Industry and Trade
3. Labour Market
4. Tourism
FISCAL SECTOR, MONETARY POLICY
FINANCIAL INTERMEDIATION
EXTERNAL SECTOR
STRUCTURAL REFORMS, CORPORATE PLANS
POLITICS



List of Tables

Table 1 - Bosnia's RS trade turnover
Table 2 - Bosnia's money supply
Table 3 - Bosnia's foreign trade
Table 4 - Bosnia's foreign trade

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Mattress Markets in the World to 2020 - Market Size, Development, and Forecasts

Mattress Markets in the World to 2020 - Market Size, Development, and Forecasts

  • $ 26587
  • Industry report
  • August 2016
  • by Global Research & Data Services

The expansion of the global mattress industry is forecast to reach 3.8% p.a. in the coming years. Between 2009 and 2015 the market increased with an average annual growth of 5.4%. Currently, cellular plastic ...

Rubber Transmission Belt Markets in the World to 2020 - Market Size, Development, and Forecasts

Rubber Transmission Belt Markets in the World to 2020 - Market Size, Development, and Forecasts

  • $ 24326
  • Industry report
  • August 2016
  • by Global Research & Data Services

The expansion of the global rubber transmission belt industry is forecast to reach 2.9% p.a. in the coming years. Between 2009 and 2015 the market increased with an average annual growth of 2.6%. Currently, ...

Nickel Profile, Bar and Rod Markets in the World to 2020 - Market Size, Development, and Forecasts

Nickel Profile, Bar and Rod Markets in the World to 2020 - Market Size, Development, and Forecasts

  • $ 20469
  • Industry report
  • September 2016
  • by Global Research & Data Services

The expansion of the global nickel profile, bar and rod industry is forecast to reach 2.6% p.a. in the coming years. Between 2009 and 2015 the market increased with an average annual growth of 2.7%. Currently, ...


ref:plp2013

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.