1. A technical assistance (TA) mission was conducted by the government finance statistics (GFS) advisor for South East Europe1 during October 3-5, 2016, to support the authorities of Bosnia and Herzegovina in improving GFS for decision making. This mission was conducted within the context of the second phase of the Swiss Secretariat for Economic Affairs GFS capacity building project. The mission met with officials from the Central Bank of Bosnia and Herzegovina (CBBH) and the Bosnia and Herzegovina Agency for Statistics (BHAS).
2. Reliable GFS are essential for analyzing and evaluating fiscal policy, especially the performance of the general government sector and the broader public sector of any economy, by the authorities, economists, and the broader public. GFS may also be informative to compilers and users of other macroeconomic statistics in understanding the relations between the various sets of macroeconomic statistics, in particular, to compilers of the national accounts who may depend on GFS as an input to their work.