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BIH can not spend a euro without IMF approval
Region - Economy
Monday, 24 August 2009 12:09
MMF.jpg The country also will have to give any report that IMF will ask for.

Every credit that BIH will use must be approved first by IMF. The International Monetary Fund will decide whether it will approve of refuse the demand by the government.

In addition, no level of authority will be entitled to change the budget without previous IMF authorization.
 

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