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Reading: IMF: Modest Recovery of Economic Activities Continued
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Sarajevo Times > Blog > BUSINESS > IMF: Modest Recovery of Economic Activities Continued
BUSINESS

IMF: Modest Recovery of Economic Activities Continued

Published: March 1, 2014
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ron_van_roodenThe Head of the International Monetary Fund (IMF) Ron van Rooden estimated that in B&H the modest economic recovery that is continued by strong exports continues.

It is projected that in 2013, the growth exceeded by one percent, and it is expected that in 2014 it will continue to increase by around two percent, in accordance with the developments in Europe, announced the IMF.

‘’The banking sector is largely stable, but is still under pressure due to pressure from the growing trend of loans of low quality’’, said Rooden, after the IMF visited Banja Luka and Sarjaevo from 19 to 28 February in order to hold discussions on the recent economic activities and policies in the framework of the sixth review of the stand-by arrangement with B&H.

Upon completion of the visit of van Rooden noted that even if employment began to rise, there is still high unemployment, at the level of 28 percent.

(Source: Fena)

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