Real gross domestic product (GDP) growth rose 2.7 percent in Q1 2024, form 1.6 percent in 2023 due to the modest economic expansion in the European Union (EU) and a deceleration in investment growth. Upcoming municipal elections are expected to lead to a widening fiscal deficit to 1.7 percent of GDP in 2024, yet public debt remains around 36 percent of GDP. Living standards are stagnant, in part due to an anemic labor market.
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2024/10/14
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2024/10/17
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Macro Poverty Outlook for Bosnia and Herzegovina : October 2024