Bosniaʼs Federation GDP growth slows in Q1
The economic growth of Bosniaʼs Federation slowed to a real 1.5% year-on-year in the first quarter of 2020, from 2% in the preceding quarter, the Sarajevo-based Agency for Statistics of BiH (BHAS) said, according to a report by SeeNews.
In the first quarter of 2019, the Federationʼs gross domestic product (GDP) grew by an annual 3.4% in real terms. In seasonally-adjusted terms, GDP increased by 0.6% on a quarterly comparison basis in January-March, after growing by 0.9% in October-December.
The largest real rate of growth of the gross value added in the first quarter of 2020 was recorded in the agriculture, forestry and fishing sector; information and communication sectors; and financial and insurance activities.
The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Serb Republic.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.