The IMF indefinitely postponed payment of a 38 million euro loan to BiH because of costs incurred by a proposed Federation of BiH law granting benefits to war veterans. The IMF’s resident representative in BiH, Francisco Parodi, said, “The costs that are presented to us, of 14 million marks (about seven million euro), will be much higher, and we are talking about several hundred million marks according to some estimates. This will completely disable finances in the Federation of Bosnia and Herzegovina in the years to come.”
