ASSESSMENTS

Bosnia: An IMF Loan and Potential Backlash

May 6, 2009 | 15:25 GMT

Eugene Salazar/IMF via Getty Images

Summary

The International Monetary Fund (IMF) and Bosnia have agreed on terms for a three-year, $1.61 billion loan. However, the austerity measures required by the IMF come at an already-difficult time for Bosnia, which has an unemployment rate of more than 40 percent. Cuts in social welfare spending could lead to social unrest in the country.

Bosnia will receive a loan from the International Monetary Fund, but the terms of the deal could lead to social unrest....

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