Author/Editor:

International Monetary Fund. Statistics Dept.

Publication Date:

February 6, 2018

Electronic Access:

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Summary:

In close consultation with the Bosnia and Herzegovina (BiH) authorities and with strong support from the IMF’s European Department, a three-day government finance statistics (GFS) technical assistance (TA) assessment mission was conducted by the IMF’s Statistics Department during January 12–14, 2015. The mission was financed by the government of Switzerland through the State Secretariat for Economic Affairs and is part of an 18-month GFS capacity development project for selected Southeastern European countries. Under this project, a series of three missions to BiH are envisioned over 16 months; this mission was the first. The main objective of this first TA mission was to assess the current GFS compilation environment in BiH, particularly the classification of institutional units and debt data compilation based on the Government Finance Statistics Manual (GFSM 2014) and European System of National and Regional Accounts (ESA 2010) frameworks. Building on work carried out during the April 2014 GFS TA mission, the mission met with officials from the Ministry of Finance (MoF), Agency for Statistics of Bosnia and Herzegovina (BHAS), and the Central Bank of Bosnia and Herzegovina (CBBH) to explore current compilation processes, identify gaps/weaknesses, and develop a country specific plan for BiH (see implementation plan and Appendix I).