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Europe > Bosnia and Herzegovina

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Cover IMF Staff Country Reports
Bosnia and Herzegovina: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bosnia and Herzegovina
International Monetary Fund. European Dept.
Bosnia and Herzegovina (BiH) is facing considerable challenges just as it has rebounded from the Covid-19 pandemic. Spillovers from the war in Ukraine are fueling inflation and weighing on domestic spending and external demand, while domestic political tensions are hampering economic policies and reforms.
Keywords:
banking supervisor; authorities' priority; authorities of Bosnia and Herzegovina; entity governments statement; address climate risk; Capital spending; Loans; Social security contributions; External sector statistics; Global; Europe
Cover IMF Staff Country Reports
Albania: Technical Assistance Report-Tax Policy Reform Options for the MTRS
International Monetary Fund. Fiscal Affairs Dept.
Albania is preparing a Medium-Term Revenue Strategy (MTRS) to finance its development spending of an estimated 2.2–3.0 percent of GDP over five years. Revenue mobilization will be supported by comprehensive tax policy and administration reforms. International and regional comparisons suggest that there is room for additional revenues as well as improvement in the composition of tax revenues. This report presents options for tax policy reform to raise at least an additional 1.34 percent of GDP in revenues over five years and to improve the quality and efficiency of the tax system, that will enable the mobilization of further domestic revenues.
Keywords:
IMF resident representative office; Reform proposal; IMF's Fiscal Affairs Department; c-efficiency ratio; VAT revenue; value-added tax; Value-added tax; Personal income tax; Corporate income tax; Social security contributions; Central and Eastern Europe; Europe
Cover IMF Staff Country Reports
Republic of North Macedonia: Selected Issues
International Monetary Fund. European Dept.
Selected Issues
Keywords:
growth acceleration plan; investment trend; deviation from baseline; IMF government finance statistics database; investment plan; Public investment spending; Value-added tax; Infrastructure; Global
Cover Regional Economic Outlook, October 2021, Europe
Regional Economic Outlook, October 2021, Europe
International Monetary Fund. European Dept.

Abstract

Europe Regional Economic Outlook, The European Recovery: Policy Recalibration and Sectoral Reallocation, October 2021

Keywords:
country fundamentals; IMF staff calculation; inflation expectation; growth projection; European economy; COVID-19; Purchasing power parity; Inflation; Employment; Emerging and frontier financial markets; Europe