The countries of the Western Balkans have decided to focus their future on the European Union, which presupposes an improvement in the economic situation of these countries. This is an essential prerequisite for achieving the economic level of the EU member states and standards of the population as a whole. Some countries of the Western Balkans, after EU accession, have significantly improved their economic position. Prior to formal political integration into the EU, the Western Balkan countries are taking more intensive measures to facilitate and accelerate their economic development. After Bosnia and Herzegovina's institutions and leaders adopted a document reaffirming their commitment to reform, a renewed approach led to the entry into force of the Stabilization and Association Agreement (SAA) between Bosnia and Herzegovina and the EU on 1 June 2015.He has replaced the Interim Agreement (IA) which has been in force since 2008. By signing the SAA, Bosnia and Herzegovina, thanks to an "evolutionary clause", confirmed the status of a potential candidate country. In July 2015, a Reform Agenda was adopted to address the difficult socio-economic situation and advance the rule of law and public administration reform. This paper will discuss and propose appropriate measures as a contribution to understanding and improving the economic situation of the Western Balkan countries
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