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Bosnia and Herzegovina - Second Public Finance Structural Adjustment Credit Project (Английский)

Project outcome is rated satisfactory and project sustainability is rated as likely. The performance of both the World Bank and the Borrower are rated satisfactory. There were several lessons from implementing this project. 1) In a post-conflict environment of weak governance and still festering ethnic tensions, a firm commitment by the top State and entity leaderships to the reform program and associated policy measures is vital to success. Moreover...
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