June 9 (SeeNews) - The World Bank said it expects Bosnia and Herzegovina's economic output to increase by 2.8% in 2021, leaving unchanged the projection it made in April.
Bosnia's economic growth is seen accelerating further to 3.5% in 2022 and 3.7% in 2023, the World Bank said in the June edition of its Europe and Central Asia Economic Update report published on Tuesday.
Bosnia's economy contracted by an estimated 4.3% in 2020, the report read.
The GDP growth of the Western Balkans region is forecast at 4.4% in 2021 in the report.