SARAJEVO, Nov. 21 (Xinhua) -- Bosnia and Herzegovina's (BiH) economy is forecast to grow by 2.5 percent in 2024 and 3 percent in 2025, driven by increased private consumption, wage growth, and slight investment gains, according to a senior expert with the International Monetary Fund (IMF).
Presenting the IMF's "Regional Economic Outlook for Europe" in Sarajevo on Thursday, IMF Resident Representative Andreas Tudyk highlighted risks to BiH's economic forecast, including Europe's economic slowdown, political tensions, and fiscal challenges.
Goran Mirascic, economic advisor to the BiH prime minister, noted BiH's moderate debt and said most borrowing supports infrastructure projects.
While weaker demand from key trading partners like Germany and Italy affects exports, BiH's gross domestic product (GDP) growth is expected to remain between 2.5 percent and 2.8 percent in 2024, he said.
