Members of the IMF Delegation, led by Ron van Rooden, held a final meeting with representatives of the RS Ministry of Finance on the basis of the second stand-by arrangement with BiH. They assessed that the structural determinants from the letter of intent realizes the desired dynamics.
During the meeting, the IMF delegation expressed their satisfaction with the progress that has been made in the RS, with an emphasis that all quantitative performance criteria have been fully complied with, and which is related to the end of 2012.
The IMF delegation will stay in BiH until 26 February for the second review of the stand-by arrangement. The IMF concluded the first review of the stand-by arrangement on 19 December last year and approved 58.9 million euros to BiH.
