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Bosnia wants extension of stand-by deal with IMF, new borrowing

Author: half
SARAJEVO, Jan 13 (Hina) - Bosnia and Herzegovina must ask for an extension of the existing stand-by arrangement with the International Monetary Fund to ensure the budgetary stability of its two entities, which means that they will borrow an additional 300 million convertible marks (EUR 153 million), Nezavisne Novine daily reported on Monday, citing Bosnian officials and IMF representatives.

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