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Reading: Consideration of Fifth Review Under Stand-By Arrangement Postponed
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Sarajevo Times > Blog > BUSINESS > Consideration of Fifth Review Under Stand-By Arrangement Postponed
BUSINESS

Consideration of Fifth Review Under Stand-By Arrangement Postponed

Published December 11, 2013
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mmf-1The consideration of the fifth review under the stand-by arrangement, as well as the requirements of government for extension and increase of the current arrangement of the Executive Board of the International Monetary Fund (IMF) was postponed until January 2014, in anticipation of the adoption of the budget of B&H for 2014, announced to Fena the Resident Representatives of the IMF to B&H Ruben Atoyan.

The B&H institutions budget, as well as entity budgets, should be adopted by 9 December, which was a condition of the IMF for the next tranche of loan money based on the stand-by arrangement.

It is expected that the Parliament would debate on the budget of the B&H institutions for next year on Thursday.

(Source: Fena)

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