The WB has approved a Development Policy Loan (DPL) Programme for the country, the international financial institution announced. It is to be implemented in 3 years (2010-2012) and aims to render public expenditure more sustainable while improving the protection of the vulnerable categories, improve public sector pay management practices, and strengthen the external competitiveness of the private sector. About USD 126mn will be extended to the country during the first phase of the programme, while it is expected that second phase will follow in 2011-2012. The DPL programme would complement the IMF stand-by arrangement, agreed by the authorities last year.
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The European Commissions director general for enlargement Stefano Sannino has invited the leaders of Bosnias seven main political parties for consultations in Brussels on March 22 in an attempt ... more
Growth of consumer prices in Bosnias Serb Republic eased to 0.9% y/y in February from 1.5% y/y in January, as the annual decline of clothing and footwear prices widened, the entitys statistics ... more
Bosnias Federation has failed to sell its 67% stake in engineering company Hidrogradnja due to lack of investor interest, the entitys privatisation agency said in a statement. The remaining 33% ... more