TohidA/MONA · Datasets at Hugging Face

692

BOSNIA AND HERZEGOVINA

963

SBA

2012-09-26

2,012

2014-09-25

2,014

2015-06-30

N/A

2014-06-30

P1

R6R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to the Federation parliament a new draft law on banks and other lending institutions in line with IMF staff recommendations.

7

09/30/2014

SB

At R6R7, new test date.

6

7

2014-09-30

N/A

692

BOSNIA AND HERZEGOVINA

963

SBA

2012-09-26

2,012

2014-09-25

2,014

2015-06-30

N/A

2014-06-30

P1

R6R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to the RS parliament a new draft law on banks and other lending institutions in line with IMF staff recommendations.

8

06/30/2014

MOD-DATE

Introduced at R3. Rationale: Financial stability.

6

8

2014-06-30

N/A

692

BOSNIA AND HERZEGOVINA

963

SBA

2012-09-26

2,012

2014-09-25

2,014

2015-06-30

N/A

2014-06-30

P1

R6R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to the RS parliament a new draft law on banks and other lending institutions in line with IMF staff recommendations.

8

09/30/2014

SB

N/A

6

8

2014-09-30

N/A

692

BOSNIA AND HERZEGOVINA

963

SBA

2012-09-26

2,012

2014-09-25

2,014

2015-06-30

N/A

2014-06-30

P1

R6R7

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Hire reputable external auditors to conduct thorough asset quality reviews of the banks that have been under intensified monitoring by the Banking Agencies in 2013.

9

12/31/2013

NM

Introduced at R4. Rationale: Financial stability. At R5, not met (1 of 6 banks done)

6

9

2013-12-31

N/A

692

BOSNIA AND HERZEGOVINA

963

SBA

2012-09-26

2,012

2014-09-25

2,014

2015-06-30

N/A

2014-06-30

P1

R6R7

L

SB

28

9. Labor markets, excluding public sector employment

Adopt by the Federation parliament a new labor law with a view to facilitating job creation.

1

12/31/2013

MOD-DATE

Introduced at R3. Rationale: Improving business environment and creating more jobs. At R5, not met.

6

1

2013-12-31

N/A

692

BOSNIA AND HERZEGOVINA

963

SBA

2012-09-26

2,012

2014-09-25

2,014

2015-06-30

N/A

2014-06-30

P1

R6R7

L

SB

28

9. Labor markets, excluding public sector employment

Adopt by the Federation parliament a new labor law with a view to facilitating job creation.

1

12/31/2014

SB

At R6R7, new test date.

6

1

2014-12-31

N/A

692

BOSNIA AND HERZEGOVINA

963

SBA

2012-09-26

2,012

2014-09-25

2,014

2015-06-30

N/A

2014-06-30

P1

R6R7

L

SB

28

9. Labor markets, excluding public sector employment

Adopt by the RS parliament a new labor law with a view to facilitating job creation.

2

12/31/2013

MOD-DATE

Introduced at R3. Rationale: Improving business environment and creating more jobs. At R5, not met.

6

2

2013-12-31

N/A

692

BOSNIA AND HERZEGOVINA

963

SBA

2012-09-26

2,012

2014-09-25

2,014

2015-06-30

N/A

2014-06-30

P1

R6R7

L

SB

28

9. Labor markets, excluding public sector employment

Adopt by the RS parliament a new labor law with a view to facilitating job creation.

2

12/31/2014

SB

At R6R7, new test date.

6

2

2014-12-31

N/A

692

BOSNIA AND HERZEGOVINA

963

SBA

2012-09-26

2,012

2014-09-25

2,014

2015-06-30

N/A

2014-06-30

P1

R6R7

L

SB

30

11. Other structural measures

Prepare the contingency plans for crisis preparedness and management in line with paragraph 10 of the supplementary Letter of Intent of June 12, 2013.

1

12/31/2013

M

Introduced at R3. Rationale: Strengthening crisis preparedness. At R5, met.

6

1

2013-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

PA

20.1

1.1. Revenue measures, excluding trade policy

Combine all taxpayer information from all four tax agencies and comprehensive company information from the entity business information agencies into a database that is available and fully searchable in each of the four tax agencies.

1

Program Prior Action

M

N/A

0

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

PA

22

3. Civil service and public employment reforms, and wages

Federation government to adopt a strategic plan to restrain wages and reduce overall employment in public sector.

1

Program Prior Action

M

N/A

0

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

PA

22

3. Civil service and public employment reforms, and wages

RS government to adopt a strategic plan to restrain wages and reduce overall employment in public sector.

2

Program Prior Action

M

N/A

0

2

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

PA

22

3. Civil service and public employment reforms, and wages

Council of Ministers of BiH to adopt a strategic plan to restrain wages and reduce overall employment in public sector.

3

Program Prior Action

M

N/A

0

3

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Hire internationally reputable auditors to conduct a detailed AQR for banks that were under enhanced supervision in 2015 or that experienced a rapid credit expansion in relation to the market in 2012-14 (i.e. with an average annual credit growth rate of greater than 10 percent of that period), and that haven’t already undergone an AQR.

1

Program Prior Action

M

N/A

0

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

20.1

1.1. Revenue measures, excluding trade policy

RS parliament to amend its corporate income tax law to foster consistency, avoid double taxation between the entities and reduce tax incentives, in line with IMF staff recommendations.

1

12/31/2016

SB

N/A

0

1

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

20.2

1.2. Revenue administration, including customs

Adopt new automatic allocation system for ITA revenues in line with IMF staff recommendations.

1

12/31/2016

SB

N/A

0

1

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

20.4

1.4. Combined expenditure and revenue measures

Adjust the allocation coefficient for indirect tax revenue on a quarterly basis and settle indirect tax claims semi-annually.

1

12/31/2016

SB

Test date is on quarterly basis.

0

1

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

20.4

1.4. Combined expenditure and revenue measures

Adjust the allocation coefficient for indirect tax revenue on a quarterly basis and settle indirect tax claims semi-annually.

1

Quarterly

SB

N/A

0

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

20.5

1.5. Debt Management

Federation government to submit to parliament amendments to the Law on Debt, Borrowing, and Guarantees to strengthen controls over lower level governments.

1

12/31/2016

SB

N/A

0

1

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Federation to expand the treasury system to budget management systems in cantons.

1

03/31/2017

SB

N/A

0

1

2017-03-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

RS government to expand the treasury system to health centers.

2

03/31/2017

SB

N/A

0

2

2017-03-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

21.1

2.1. Central bank operations and reforms

Continue to adhere to the Currency Board Arrangement as constituted under the law.

1

Continuous

SB

N/A

0

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

22

3. Civil service and public employment reforms, and wages

Refrain from increasing public sector wages including refraining from increases in the wage base, the wage coefficients, and allowances.

1

Continuous

SB

N/A

0

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

22

3. Civil service and public employment reforms, and wages

Federation government to complete Phase III of the audit process for all categories of war veterans’ benefits, including privileged pensions.

2

06/30/2017

SB

N/A

0

2

2017-06-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

22

3. Civil service and public employment reforms, and wages

Federation government to adopt an operational plan to reduce overall employment in public sector based on the employment registry developed with the assistance of the World Bank.

3

06/30/2017

SB

N/A

0

3

2017-06-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

22

3. Civil service and public employment reforms, and wages

RS government to adopt an operational plan to reduce overall employment in public sector based on the employment registry developed with the assistance of the World Bank.

4

06/30/2017

SB

N/A

0

4

2017-06-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

22

3. Civil service and public employment reforms, and wages

Council of Ministers of BiH to adopt an operational plan to reduce overall employment in public sector based on the employment registry developed with the assistance of the World Bank.

5

06/30/2017

SB

N/A

0

5

2017-06-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Federation government to prepare a report and plan to improve the targeting of social transfers based on the centralized database of beneficiaries.

1

12/31/2016

SB

N/A

0

1

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Federation government, in consultation with the World Bank Group and/or EBRD, will complete the financial and operational due diligence for BH Telecom and HT Mostar.

1

10/30/2016

SB

N/A

0

1

2016-10-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Federation government to adopt a restructuring plan for railways, developed with the assistance of the World Bank.

2

12/31/2016

SB

N/A

0

2

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

RS government to adopt a restructuring plan for railways, developed with the assistance of the World Bank.

3

12/31/2016

SB

N/A

0

3

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

FBA to make final assessment of recapitalization plans for banks that reveal capital shortfalls based on their AQR results.

1

11/30/2016

SB

N/A

0

1

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Federation parliament to adopt a new draft Law on Banks and amendments to Banking Agency Law in line with IMF staff recommendations.

2

11/30/2016

SB

N/A

0

2

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

RS parliament to adopt a new draft Law on Banks and amendments to Banking Agency Law in line with IMF staff recommendations.

3

11/30/2016

SB

N/A

0

3

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

State parliament to adopt amendments to the Law on Deposit Insurance in Banks in BiH in line with IMF staff recommendations.

4

11/30/2016

SB

N/A

0

4

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

RSBA to make final assessment of recapitalization plans for banks that reveal capital shortfalls based on their AQR results.

5

11/30/2016

SB

N/A

0

5

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

FBiH parliament to amend the law on Federation Development Bank in line with IMF staff recommendations.

6

11/30/2016

SB

N/A

0

6

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

26

7. Exchange systems and restrictions (current and capital)

Refrain from imposing mandatory conversion of any foreign currency-denominated loans into local currency.

1

Continuous

SB

N/A

0

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

N/A

2016-09-07

P1

R0

E

SB

30.3

11.3. PRSP development and implementation

RS parliament to amend the law on IDBRS in line with IMF staff recommendations.

1

11/30/2016

SB

N/A

0

1

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

PA

20.1

1.1. Revenue measures, excluding trade policy

Combine all taxpayer information from all four tax agencies and comprehensive company information from the entity business information agencies into a database that is available and fully searchable in each of the four tax agencies.

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

PA

20.1

1.1. Revenue measures, excluding trade policy

The BiH parliament to adopt an increase in excise rates on fuel products including LPG, biofuel, and heating oil, by 15 fenings per liter and channel the additional revenues to ensure external financing for growthenhancing highway and road infrastructure investments.

2

First Review Prior action

M

N/A

1

2

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

FBiH parliament to adopt budget for 2018 in line with IMF staff recommendations.

1

First Review Prior action

M

N/A

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

RS parliament to adopt budget for 2018 in line with IMF staff recommendations.

2

First Review Prior action

M

N/A

1

2

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

PA

22

3. Civil service and public employment reforms, and wages

Federation government to adopt a strategic plan to restrain wages and reduce overall employment in public sector.

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

PA

22

3. Civil service and public employment reforms, and wages

RS government to adopt a strategic plan to restrain wages and reduce overall employment in public sector.

2

Program Prior Action

M

N/A

1

2

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

PA

22

3. Civil service and public employment reforms, and wages

Council of Ministers of BiH to adopt a strategic plan to restrain wages and reduce overall employment in public sector.

3

Program Prior Action

M

N/A

1

3

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

FBiH authorities to initiate, in a letter to the EU, a request to finance the financial and operational due diligence of the two Federation telecom companies, with the objective of improving corporate governance, restructuring, and/or selling of shares, and based on the terms of reference drafted in consultation with IMF staff.

1

First Review Prior action

M

N/A

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Hire internationally reputable auditors to conduct a detailed AQR for banks that were under enhanced supervision in 2015 or that experienced a rapid credit expansion in relation to the market in 2012-14 (i.e. with an average annual credit growth rate of greater than 10 percent of that period), and that haven’t already undergone an AQR.

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

20.1

1.1. Revenue measures, excluding trade policy

RS parliament to amend its corporate income tax law to foster consistency, avoid double taxation between the entities and reduce tax incentives, in line with IMF staff recommendations.

1

12/31/2016

M

N/A

1

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

20.2

1.2. Revenue administration, including customs

Adopt new automatic allocation system for ITA revenues in line with IMF staff recommendations.

1

12/31/2016

CAN

Drop; IMF TA did not find major issues with the existing ad hoc system.

1

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

20.3

1.3. Expenditure measures, including arrears clearance

FBiH to collect data on arrears at all the levels of government in FBiH, in line with IMF and World Bank advice.

1

6/30/2018

SB

N/A

1

2018-06-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

20.3

1.3. Expenditure measures, including arrears clearance

FBiH government to adopt a time bound action plan to address the arrears situation in the Federation, in line with IMF staff recommendation.

2

9/30/2018

SB

N/A

1

2

2018-09-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

20.3

1.3. Expenditure measures, including arrears clearance

RS government to require health centers to prepare budgets with hard budget constraints to prevent new arrear accumulations.

3

9/30/2018

SB

N/A

1

3

2018-09-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

20.3

1.3. Expenditure measures, including arrears clearance

RS cabinet to adopt a plan to restore financial sustainability of health institutions, in line with IMF and World Bank advice.

4

12/31/2018

SB

N/A

1

4

2018-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

20.4

1.4. Combined expenditure and revenue measures

Adjust the allocation coefficient for indirect tax revenue on a quarterly basis and settle indirect tax claims semi-annually.

1

12/31/2016

NM

Test date is on quarterly basis. Net inter-entity outstanding balance is small and allocations are continuing based on the old coefficient.

1

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

20.4

1.4. Combined expenditure and revenue measures

Adjust the allocation coefficient for indirect tax revenue on a quarterly basis and settle indirect tax claims semi-annually.

1

Quarterly

SB

N/A

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

20.5

1.5. Debt Management

Federation government to submit to parliament amendments to the Law on Debt, Borrowing, and Guarantees to strengthen controls over lower level governments.

1

12/31/2016

M

N/A

1

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Federation to expand the treasury system to budget management systems in cantons.

1

03/31/2017

MOD-DATE

Reset to end-March 2019; delayed in procurement by the donor

1

2017-03-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Federation to expand the treasury system to budget management systems in cantons.

1

3/31/2019

SB

N/A

1

2019-03-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

RS government to expand the treasury system to health centers.

2

03/31/2017

MOD-DATE

Reset to end-March 2019; delayed in procurement by the donor

1

2

2017-03-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

RS government to expand the treasury system to health centers.

2

3/31/2019

SB

N/A

1

2

2019-03-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

21.1

2.1. Central bank operations and reforms

Continue to adhere to the Currency Board Arrangement as constituted under the law.

1

09/07/2016

M

Continuous SB.

1

2016-09-07

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

21.1

2.1. Central bank operations and reforms

Continue to adhere to the Currency Board Arrangement as constituted under the law.

1

Continuous

SB

N/A

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

22

3. Civil service and public employment reforms, and wages

Refrain from increasing public sector wages including refraining from increases in the wage base, the wage coefficients, and allowances.

1

09/07/2016

NM

Continuous SB. Not met; FBiH and RS met, IBiH not met.

1

2016-09-07

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

22

3. Civil service and public employment reforms, and wages

Refrain from increasing public sector wages including refraining from increases in the wage base, the wage coefficients, and allowances.

1

Continuous

SB

Not met; FBiH and RS met, IBiH not met

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

22

3. Civil service and public employment reforms, and wages

Federation government to complete Phase III of the audit process for all categories of war veterans’ benefits, including privileged pensions.

2

6/30/2017

CAN

Drop; fiscal risks are covered by budgetary ceiling on this item

1

2

2017-06-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

22

3. Civil service and public employment reforms, and wages

Federation government to adopt an operational plan to reduce overall employment in public sector based on the employment registry developed with the assistance of the World Bank.

3

06/30/2017

MOD-DATE

Reset to end-December 2018; technical delay in setting up employment registry

1

3

2017-06-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

22

3. Civil service and public employment reforms, and wages

Federation government to adopt an operational plan to reduce overall employment in public sector based on the employment registry developed with the assistance of the World Bank.

3

12/31/2018

SB

N/A

1

3

2018-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

22

3. Civil service and public employment reforms, and wages

RS government to adopt an operational plan to reduce overall employment in public sector based on the employment registry developed with the assistance of the World Bank.

4

06/30/2017

MOD-DATE

Reset to end-December 2018; technical delay in setting up employment registry

1

4

2017-06-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

22

3. Civil service and public employment reforms, and wages

RS government to adopt an operational plan to reduce overall employment in public sector based on the employment registry developed with the assistance of the World Bank.

4

12/31/2018

SB

N/A

1

4

2018-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

22

3. Civil service and public employment reforms, and wages

Council of Ministers of BiH to adopt an operational plan to reduce overall employment in public sector based on the employment registry developed with the assistance of the World Bank.

5

06/30/2017

MOD-DATE

Reset to end-December 2018; need to conduct functional review of employment and wages

1

5

2017-06-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

22

3. Civil service and public employment reforms, and wages

Council of Ministers of BiH to adopt an operational plan to reduce overall employment in public sector based on the employment registry developed with the assistance of the World Bank.

5

12/31/2018

SB

N/A

1

5

2018-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Federation government to prepare a report and plan to improve the targeting of social transfers based on the centralized database of beneficiaries.

1

12/31/2016

CAN

Drop; fiscal risks are covered by budgetary ceiling on this item

1

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Federation government, in consultation with the World Bank Group and/or EBRD, will complete the financial and operational due diligence for BH Telecom and HT Mostar.

1

10/30/2016

MOD-PA

Elevated to PA. Change completing due diligence to initiating the request for EU to finance the due diligence, based on the TOR drafted in consultation with IMF staff

1

2016-10-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Federation government to adopt a restructuring plan for railways, developed with the assistance of the World Bank.

2

12/31/2016

CAN

Drop; FBiH government has proceeded with its own restructuring step

1

2

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

RS government to adopt a restructuring plan for railways, developed with the assistance of the World Bank.

3

12/31/2016

M

N/A

1

3

2016-12-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

FBA to make final assessment of recapitalization plans for banks that reveal capital shortfalls based on their AQR results.

1

11/30/2016

M

N/A

1

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Federation parliament to adopt a new draft Law on Banks and amendments to Banking Agency Law in line with IMF staff recommendations.

2

11/30/2016

M

N/A

1

2

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

RS parliament to adopt a new draft Law on Banks and amendments to Banking Agency Law in line with IMF staff recommendations.

3

11/30/2016

M

N/A

1

3

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

State parliament to adopt amendments to the Law on Deposit Insurance in Banks in BiH in line with IMF staff recommendations.

4

11/30/2016

MOD-DATE

Reset to end-March 2018; parliamentary gridlock; a new law is envisaged

1

4

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

State parliament to adopt amendments to the Law on Deposit Insurance in Banks in BiH in line with IMF staff recommendations.

4

3/31/2018

SB

N/A

1

4

2018-03-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

RSBA to make final assessment of recapitalization plans for banks that reveal capital shortfalls based on their AQR results.

5

11/30/2016

M

N/A

1

5

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

FBiH parliament to amend the law on Federation Development Bank in line with IMF staff recommendations.

6

11/30/2016

MOD-DATE

Reset to end-June 2018; need more time for consultation and implementation

1

6

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

FBiH parliament to amend the law on Federation Development Bank in line with IMF staff recommendations.

6

6/30/2018

SB

N/A

1

6

2018-06-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

RSBA, FBA, CBBH, and DIA to adopt the identical methodology for determining domestic systemically important banks, in consultation with IMF staff.

7

3/31/2018

SB

N/A

1

7

2018-03-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

CBBH, DIA, FBA, RSBA, and other relevant parties to sign a Financial Stability MoU, in line with IMF staff recommendations

8

6/30/2018

SB

N/A

1

8

2018-06-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

26

7. Exchange systems and restrictions (current and capital)

Refrain from imposing mandatory conversion of any foreign currency-denominated loans into local currency.

1

09/07/2016

M

Continuous SB.

1

2016-09-07

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

26

7. Exchange systems and restrictions (current and capital)

Refrain from imposing mandatory conversion of any foreign currency-denominated loans into local currency.

1

Continuous

SB

N/A

1

2023-09-23

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

28

9. Labor markets, excluding public sector employment

FBiH government to submit a draft PIT/SSC law to FBiH parliament for second reading in line with IMF staff recommendations.

1

5/31/2018

SB

N/A

1

2018-05-31

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

30.3

11.3. PRSP development and implementation

RS parliament to amend the law on IDBRS in line with IMF staff recommendations.

1

11/30/2016

MOD-DATE

Reset to end-June 2018; need more time for consultation and implementation

1

2016-11-30

N/A

747

BOSNIA AND HERZEGOVINA

963

EFF

2016-09-07

2,016

2019-09-06

2,019

2020-04-20

N/A

2018-02-09

P1

R1

L

SB

30.3

11.3. PRSP development and implementation

RS parliament to amend the law on IDBRS in line with IMF staff recommendations.

1

6/30/2018

SB

N/A

1

2018-06-30

N/A

513

BRAZIL

223

SBA

2002-09-06

2,002

2003-11-05

2,003

N/A

2002-09-06

P1

R0

E

SB

20.1

1.1. Revenue measures, excluding trade policy

Submission to congress of the legislation to prevent a revenue shortfall arising from the expected reduction in the rate of the bank debit tax (CPMF) scheduled for 2004, that is not offset by other measures.

1

03/31/2003

SB

N/A

0

1

2003-03-31

N/A

513

BRAZIL

223

SBA

2002-09-06

2,002

2003-11-05

2,003

N/A

2002-09-06

P1

R0

E

SB

20.3

1.3. Expenditure measures, including arrears clearance

Submission to congress of the legislation to reduce the degree of earmarking of federal revenues (net of transfers to states and municipalities).

1

03/31/2003

SB

N/A

0

1

2003-03-31

N/A

513

BRAZIL

223

SBA

2002-09-06

2,002

2003-11-05

2,003

N/A

2002-09-06

P1

R0

E

SB

21.2

2.2. Central bank auditing, transparency, and financial controls

Completion by the central bank of an audit of its international reserves management function and systems.

1

09/30/2002

SB

N/A

0

1

2002-09-30

N/A

513

BRAZIL

223

SBA

2002-09-06

2,002

2003-11-05

2,003

N/A

2002-09-06

P1

R0

E

SB

23.1

4.1. Pension reforms

Submission to congress of enabling legislation to create complementary pension funds for federal civil servants after the approval of the relevant legislation.

1

12/31/2002

SB

N/A

0

1

2002-12-31

N/A

513

BRAZIL

223

SBA

2002-09-06

2,002

2003-11-05

2,003

N/A

2002-09-06

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Develop a streamlined set of indicators from the financial data currently reported to the Off-Site Banking Supervision Department of the central bank to assess the economic and financial soundness of banks.

1

09/30/2002

SB

N/A

0

1

2002-09-30

N/A

513

BRAZIL

223

SBA

2002-09-06

2,002

2003-11-05

2,003

N/A

2002-09-06

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Implement a systematic assessment of credit risk level of the largest borrowers in the financial system.

2

09/30/2002

SB

N/A

0

2

2002-09-30

N/A

513

BRAZIL

223

SBA

2002-09-06

2,002

2003-11-05

2,003

N/A

2002-09-06

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Develop a monitoring system to report significant changes in key accounting data such as credit levels and composition, credit portfolio stress risks, and risk diversification.

3

09/30/2002

SB

N/A

0

3

2002-09-30

N/A

513

BRAZIL

223

SBA

2002-09-06

2,002

2003-11-05

2,003

N/A

2002-09-06

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Completion of a review of differences between Brazilian and internationally-accepted practices for the use of independent external bank auditors, in order to evaluate the appropriateness of implementing such international practices.

4

12/31/2002

SB

N/A

0

4

2002-12-31

N/A

513

BRAZIL

223

SBA

2002-09-06

2,002

2003-11-05

2,003

N/A

2002-09-06

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Completion of the updating of existing regulations regarding licensing of financial institutions, including the adoption of a multistage approach to the licensing process; the introduction of a requirement that firms present detailed operating plans before licensing, including information on corporate organization and structure, internal controls, and corporate governance; and the requirement that the licensing process include consideration of the impact of the proposed new financial institution on market concentration and competition.

5

12/31/2002

SB

N/A

0

5

2002-12-31

N/A