Home Politics Stand-by arrangements won’t lead to debt bondage

Stand-by arrangements won’t lead to debt bondage

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IMF

Stand-by arrangement with the International Monetary Fund IMF will not lead B&H into debt bondage, said the Minister of Finance and Treasury of B&H, Nikola Spiric.

Spiric said that a larger problem is the short-term debt.

Speaking of savings at the state level, he said that in the last two years, through the reduction of wages and coefficients, the government saved more than a 110 million KM.

 

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