Bosnia - The government of Republika Srpska, Bosnia's Serb-dominated entity, has gone ahead with plans to increase pensions and wages by some 20%, despite warnings from the World Bank and the International Monetary Fund, according to World Markets Research Centre.
IMF and World Bank had warned that they risk destabilising Bosnia's overall fiscal situation and, subsequently, jeopardising some US$176m in loans and grants in the near future. The government yest...
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