FB&H to borrow 200 million BAM from Commercial Banks?

milicevic2All activities regarding the FB&H borrowing from commercial banks in an amount of 200 million BAM, as it is currently lacking from the budget funds, have been started, as stated by the Federal Minister of Finance, Jelka Milićević, in Mostar on Thursday.

In a statement for media, she emphasized that the conditions with the banks, regarding the interest rate and the grace period, will be similar as with the IMF.

She also emphasized that the federal government initiated activities on the rationalization of all possible costs, which should save around 20 million BAM by the end of the year.



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