The principal objective of the project was to ascertain the impact of European integration processes on public finances and budgetary management in Bosnia and Herzegovina, drawing on previous experience and good practices of Central Eastern European countries that had gone through the demanding process of adjustment and the implementation of reforms, particularly on the experiences of the Republic of Croatia, which had experienced all the phases from potential to actual candidate and new EU Member State. The project has analysed the influence of the pre-accession phases on budget management, the costs of reforms and the adjustment of institutions, budget revenues and expenditures, assessed the net financial impact of accession on the budgetary deficit and public debt of Bosnia and Herzegovina and estimated whether they were in line with the framework of the Stability and Growth Pact. All the analyses and evaluations have been performed under the optimistic assumption that Bosnia and Herzegovina will obtain the status of an EU Candidate Country in 2013.