The Impact of the Covid 19 Crisis on the Fiscal Stability of Republic of Srpska

Abstract

The consequences of the COVID-19 crisis have had a negative impact on the fiscal stability of Republic of Srpska. Although the crisis is not officially over yet, a large number of countries needed to implement fiscal consolidation. Republic of Srpska is one of the small and open economies that are exposed to various negative market distortions. COVID-19 crisis of the most important foreign trade partners of the Republic Srpska has had a negative impact on the economy of Republic Srpska.

Keywords

• gdp
• deficit
• fiscal consolidation
• fiscal stability
• e62
• h62
• f42
• h70
• h72
• h74