Bosnian economists warn IMF against a loan solely for budget spending

In an open letter to the International Monetary Fund (IMF) and its resident representative Andrew Jewell, a group of Bosnian economy experts urged the Fund not to give the announced 1.5 billion Bosnian marks to Bosnian officials without a clear plan how these funds would aid the economy, stressing that they would likely only be spent on current budget spending. Pročitaj više