Bosnia's Economic Outlook: IMF Agrees To 1.2 billion Euro Loan

RGE announces:

• May 5: Bosnia and the IMF agreed a 1.2 billion euro ($1.61 billion) deal over three years to lessen the impact of global economic crisis

• IMF: Measures agreed focus on fiscal consolidation and public sector wage restraint, which, in addition to ensuring stability in the short term, will also help bring public finances on a sustainable path