The International Monetary Fund (IMF) said on Tuesday it has maintained its forecast for Bosnia's economic growth at 3.0% this year and 3.2% next year. In 2015, Bosnia's economy expanded by 3.2%.
In the October edition of its World Economic Outlook report, the IMF upheld its April projection that Bosnia will remain in deflation for the fourth consecutive year, with the average annual deflation seen at 0.7% in 2016. In 2017, inflation is seen reaching 0.5%, down from the fund's earlier forecast of 1.1%, the fund said.
Bosnia's current account deficit is expected to narrow from 5.6% of GDP in 2015 to 5.1% of GDP this year, before growing to 6% of GDP in 2017.
