1. Market Research
  2. > Tourism and Leisure Market Trends
  3. > Bosnia and Herzegovina Country Report - May, 2016

Bosnia and Herzegovina Country Report - May, 2016

  • June 2016
  • -
  • Emerging Markets Direct Media Holdings
  • -
  • 30 pages

This report covers the main macroeconomic releases from May 6 until June 5, 2016 as well as the financial and political events that took place in Bosnia during this period.

The International Monetary Fund (IMF) said on May 24 it has reached an agreement with Bosnia & Herzegovina on new 36-month deal, supported by a SDR443.04mn (about EUR550mn) Extended Fund Facility (EFF).

The European Bank for Reconstruction and Development (EBRD) confirmed its 2016 economic growth projection for Bosnia & Herzegovina at 3.0%, slighty below the 3.2% recorded in 2015 in the May edition of its Regional Economic Prospects. The economy should benefit from expected signing of a new loan deal with the International Monetary Fund (IMF).

Bosnia & Herzegovina's statistics office will announce the results of the 2013 census by the July 1 deadline as the state-level statistics office has approved a unified methodology, clearing the main hurdle for the much delayed publication of the results

A total of 76% of Bosnians support membership in the European Union, according to an opinion poll announced by Bosnia & Herzegovina's government. Although this shows that the majority of citizens would like to see the country in the bloc, the percentage in favour fell slightly compared to a year ago, when 78% of all Bosnians supported membership.

The management of Bosnia & Herzegovina's state-owned public broadcaster BHRT said on May 30 it will temporarily shut down all services on June 30 as it cannot collect BAM25mn (EUR12.8mn) debt from the broadcasters of Bosnia's two entities, the Muslim-Croat Federation and Republika Srpska.



Key points:

oCPI deflation slightly eased to 1.6% y/y in April

oThe working-day adjusted industrial production increased 3.8% y/y in April

oThe foreign trade gap narrowed 1.9% y/y to BAM2.0bn (EUR1.0bn) in January-April

Table Of Contents

Bosnia and Herzegovina Country Report - May, 2016
EXECUTIVE SUMMARY5

REAL SECTOR6

1.GDP6

Bosnia's GDP rises 3% in 2015, government says6

EBRD affirms Bosnia's 2016 GDP growth forecast at 3.0%6

2. Inflation6

Bosnia's industrial producer price deflation slows further in April6

Bosnia's CPI deflation slightly cools in April7

Bosnian Federation's industrial PPI declines by 2.2% y/y in April7

Bosnian Federation's CPI deflation eases to 1.6% y/y in April8

CPI deflation in Bosnia's Republika Srpska eases to 1.7% y/y in April8

Industrial producer prices in Bosnia's Republika Srpska stay flat y/y in April8

3. Industry and Trade9

Bosnia's industrial production slows annual growth in April9

Bosnian Federation's retail sales swing to fall in April9

Bosnian Federation's industrial production slows growth in April10

Retail sales slow annual growth in April in Bosnia's Republika Srpska10

Industrial production in Bosnia's Republika Srpska slows y/y growth in April11

4. Tourism11

Foreign tourist arrivals in Bosnia rise 12.8% y/y in Q111

5. Labour Market12

Bosnia's registered unemployment rate falls to 42.4% in March12

Decline in number of unemployed in Bosnia accelerates further in March, stats office says12

Bosnia's average net wage rises 1.2% y/y in March12

Bosnian Federation real net wage rises 3.2% y/y in March13

Real wage grows 1.3% y/y in April in Bosnia's Republika Srpska13

FISCAL SECTOR, MONETARY POLICY14

Bosnia's 5-mo indirect tax revenue rises 2.8% y/y to EUR1.3bn14

Bosnia's indirect tax revenue rises 3.1% y/y to EUR1.2bn through April14

Bosnian Federation sells out EUR20.5mn 5-year T-bond issue15

Bosnian Federation's 4-mo public revenues rise 10.3% y/y15

Bosnian Federation sells out EUR10.2mn 6-month T-bills issue, yields fall15

Bosnia's Republika Srpska 5-mo public revenues fall 2.0% y/y16

Bosnia's Republika Srpska raises EUR30mn from 10-year T-bonds16

Bosnia's Republika Srpska raises EUR8.7mn from 10-year T-bonds17

Bosnia's Republika Srpska sells EUR20mn in 5-year T-bonds17

FINANCIAL INTERMEDIATION17

Share of non-performing loans in Bosnia falls to 13.7% in Q417

EXTERNAL SECTOR18

Bosnia's 4-mo foreign trade deficit narrows 1.9% y/y18

Bosnia's net FDI sinks 34.8% in 201518

Bosnia's foreign debt grows 2.9% y/y to EUR4.5bn at end-201519

Bosnia's current account gap contracts 22% y/y to EUR812mn in 201519

Bosnian Federation's 4-mo foreign trade gap up 2.2% y/y to EUR710mn19

Foreign trade deficit in Bosnia's Republika Srpska narrows 15.9% y/y through April20

STRUCTURAL REFORMS, CORPORATE PLANS20

EBU extends deadline for Bosnia's public broadcaster to start paying EUR5.43mn debt20

IMF to disburse first tranche of new loan to Bosnia in July21

Bosnia's public broadcaster to shut down on June 30 on unpaid debts22

Bosnian Federation launches sale of stake in insurer Sarajevo Osiguranje23

IMF, Bosnia agree new EUR550mn loan deal24

Bosnia's Republika Srpska to offer for sale stakes in 22 firms in 201625

Bosnia's Republika Srpska to liquidate Banka Srpske25

POLITICS26

Bosnia's Republika Srpska sues state indirect tax authority for EUR10.2mn26

76% of Bosnians support EU membership, opinion poll says27

Bosnia's statistics office to announce 2013 census results in July27

Opposition, ruling SNSD flex muscles in rival demonstrations in Bosnia's Republika Srpska28

Bosnia's parliament approves new transport, deputy defence ministers29

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
Global Tourism Spend Analytics to 2020: Accommodation, Entertainment and Sightseeing, Foodservice, Retail, Transportation, Travel Intermediation, Others

Global Tourism Spend Analytics to 2020: Accommodation, Entertainment and Sightseeing, Foodservice, Retail, Transportation, Travel Intermediation, Others

  • $ 14995
  • Industry report
  • October 2016
  • by Canadean Ltd

Summary Tourism Spend (Expenditure under taken on Travel and Tourism related commodities by a tourist within a country. This expenditure is categorized in to accommodation, sightseeing and entertainment, ...

Global Passenger Airlines Market to 2020: Market Segments Sizing and Revenue Analytics

Global Passenger Airlines Market to 2020: Market Segments Sizing and Revenue Analytics

  • $ 14995
  • Industry report
  • October 2016
  • by Canadean Ltd

Summary Passenger Airlines (Airlines whose primary business is the transport of passengers) has evolved dramatically in the recent years. The report Global Passenger Airlines Market to 2020: Market Segments ...

Global Tourism Demand and Flow, 2011 - 2020: Domestic and International Trips Analytics

Global Tourism Demand and Flow, 2011 - 2020: Domestic and International Trips Analytics

  • $ 14995
  • Industry report
  • October 2016
  • by Canadean Ltd

Summary Tourism Demand (Factors that influence time and money spent on tourism. Typical factors include the number of holiday days available to an employee in their country and mean household income) and ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

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